GKN forecasts 20% dividend increase as H1 sales increase
6th July 2012
ENGINEERING group GKN has said its second quarter business remains in line with performance during the first three months of the year and has told shareholders to expect a 20% increase in the interim dividend.The Redditch-based group said sales in the first five months of the year increased 17%, with underlying sales up 9%. Management trading profit increased 23%, up 13% on an underlying basis. Automotive division GKN Driveline saw underlying sales grow 10%, although this was temporarily flattered by last year's ......for the full story register now for free or login below...
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