Dewhurst profits to beat expectations
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.
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
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.
-
8 of the best riverside properties for sale
The best riverside properties for sale – from a Grade II-listed former mill house with views over the River Chelmer in Essex, to a townhouse on a Georgian terrace overlooking the Avon Gorge in Clifton, Bristol
-
Will “Liberation Day” strike again?
Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?