1 November 2017 – trading update/director dealing
The supplier of advanced composite material kits, which are used in the aerospace industry, has issued a positive trading statement for the year to 31 October helped by stronger trading in the second half of the year. Growth has been seen at both of the group’s plants and a number of key senior personnel have been employed which will help in future expansion. Following the announcement, chairman Mark Mills purchased 58,824 shares at 85p, taking his holding to over 1.88m shares. We believe the shares are a BUY.