23 April 2026 - trading update

The global precision engineering group has announced a trading update for the year to 31 March which has confirmed that the company's recovery remains on-track albeit at a slower rate than expected.  Revenues for the year are expected to be around £114m compared with forecasts of £120m with adjusted pre-tax profits now likely to be around £4.4m for earnings per share of 4.1p.  The group has exited low-margin work to focus on the regulated markets of aerospace and life sciences.  These offer higher margins and better growth prospects and . . .

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