Dewhurst, an independent supplier of quality components to the lift, keypad and transport industries, has said its pre-tax profit for the year ended September 30th will be significantly ahead of market expectations, which is largely due to better-than-expected sales both in the UK and overseas.
Jared Sinclair, Finance Director, said: "Despite the concerns reported in the interims of market fragility, demand has remained healthy through the second half, resulting in the group performing better than expected."
The share price rose 8.45% to 385p by 15:49.
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
NR
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
