17 April 2023 - trading update
The AIM-listed supplier of industrial chains and related power transmission products has announced a trading update covering the year to 31 March. This has confirmed that the strong trading seen in the first nine months of the financial year has continued through the first three months of 2023, meaning that revenues for the year were 26.6% ahead of last year at £247.1m. As a result, the company expects that underlying profit before tax for the year will be higher than current forecasts of £14.3m. The latter figure had already been increased . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
