Bodycote enjoys major turnaround in profits

ENGINEERING group Bodycote has made a spectacular return to profits overturning a pre-tax loss of £54.5m in 2009 into a £45.2m pre-tax profit last year.

The group, which has operations in Birmingham, Wolverhampton and Coventry, said a focus on key sectors including aerospace, defence, energy and automotive had been successful, delivering improved sales and operational efficiencies.

In outlook, it said it expected growth to continue this year although at a slower rate.

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