Half year upturn for Bodycote
Manchester engineering company Bodycote has seen half year profits increase 27% as its general industry division enjoys recovery.
Group pre-tax profits increased to £58.2m (2016: £45.9m) on a turnover of £345.7m for the six months to the end of June (2016: £291m).
The General Industrial business, which represents almost 40% of group revenues, experienced a broad based recovery after over three years of decline, the company said.
Its growth strategy of bolt-on acquisitions and greenfield investment contributed 5.5% of the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
