Low & Bonar expects profits to cruise past last year
Industrial fabric maker Low & Bonar said it expects first half sales and profit to be comfortably ahead of last year as solid trading continues.
Industrial fabric maker Low & Bonar said it expects first half sales and profit to be comfortably ahead of last year as solid trading continues.
"This will be the fifth consecutive half year of profitable growth. Despite the weakness of the euro, the group expects full year results to be in line with expectations," the group said in a company update.
Try 6 free issues of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
