10 July 2017 – trading update

The group has issued a positive trading update for the six months to 30 June, confirming that trading is in line with expectations and ahead of the same period in 2016.  The group’s order book has continued to strengthen so that it now stands at over £28m compared with £25.8m at the start of the year.  Since losing a major customer last year, the group has worked hard to replace this business and the rewards for this effort are now being seen.  We continue to rate the shares as a BUY.