10 September 2024 - trading update/acquisition

The industrial chains and power transmission group has released a trading update covering the five months to 31 August with trading being in line with expectations.  Revenues for the period were down 2.3% at £102.3m compared with 2023 with uncertainty in the group's end markets being a factor in this.  Order intake during the period was up 14% over last year at £105.5m and this clearly bodes well for the future.  The order book at 31 August of £85.5m remains close to an all-time high.  The company has . . .

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