8 August 2024 - interim results
The automotive engineering group has announced its interim results for the six months to 30 June and although revenues declined by 3% to €1.72bn, adjusted EBIT rose by 2.7% to €135.5m. Adjusted earnings per share for the period rose by 14.6% to €0.139 and the interim dividend was raised from 2.3€ cents to 2.4€ cents. Margins at the company increased during the period helped by the productivity and efficiency gains initiated by the company and these are expected to increase further in the second half. We therefore maintain . . .
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