Specialist manufacturer has ‘recovered well’ after two profit warnings
Manufacturer Gooch & Housego has "recovered well" after a difficult start to the year, stopping a downward trend.
The specialist manufacturer of optical components and systems was relying on a stronger second half of the year after previously issuing profit warnings in February and August.
Having delivered the stronger trading performance in the second half, the company expects to meet the lowered expectations for revenue and profit.
Shares in the Ilminster-based group have fallen by 40% since February and are trading at ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
