Laird still confident
Electrical components manufacturer Laird said trading in the final quarter has followed the same trends as the third and is confident of delivering earnings in line with company forecasts.
Electrical components manufacturer Laird said trading in the final quarter has followed the same trends as the third and is confident of delivering earnings in line with company forecasts.
The group, which supplies products and technology solutions used in network infrastructure, wireless connectivity and industrial controls, said it is on track to deliver underlying earnings of no less than 16p per share.
"2011 was a year of progress for Laird, advancing our strategic objectives and focusing on delivering on our targets and commitments. Our overall market position remains strong and we continue to benefit from operating within diverse end markets and with a broad customer base," Laird said in a company statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Paying the grandkids’ school fees could generate a shock IHT bill
Private school fees have soared as a result of the government’s VAT policy, meaning more grandparents are helping out – but what are the tax implications?
-
Number of savings deals hits record high – as interest rates slump to two-year low
Savers have more choice than ever when it comes to choosing a savings account or cash ISA. But, the interest rates on offer continue to fall. What’s next for the savings market?