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.
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Shares in the group rose 3.25p at 53p around 9:00am in London trading.
CJ
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