2 May 2024 - trading update
The company has issued a trading update for the three months to 31 March which has confirmed that revenues were slightly down on the same period last year, falling by 2.6% to €847m. This is very much as expected. New orders received during the period were up by 6% to €685m and the group remains on track to achieve its full year forecasts. The shares have fallen back from the recent high of 169p and we believe that this has created a useful buying opportunity. BUY.
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