Bullish profit forecasts push engineering group’s shares to four-year high
Shares in engineering group Chamberlin closed at a four-year high after investors responded to an upbeat statement on its profits.
At the close, shares were up 15.7% at 121.5p - the highest since February 2013.
It is trading more than 140% higher than it was in the post-referendum dip at the start of July last year.
The Walsall-based specialist castings group told the stock market its full year results are likely to be in line with expectations following a strong second half.
In an update for the financial year to Ma... 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...
