12 November 2021 - trading update

The company has issued a trading statement covering the year to 2 October confirming that profits will be in line with expectations.  Revenues are expected to be around £25m (2020: £25.4m) with an adjusted operating loss of £0.8m (2020: operating loss of £2.4m) expected. This reflects a strong performance in defence, nuclear and hydrogen energy markets offset by difficult trading conditions in the oil and gas market and supply chain disruption,  Full year results are expected to be announced on 15 December 2021.  We believe that Chesterfield Special Cylinders  will continue to . . .

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