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Gooch & Housego 2015 Trading Starts Well, Order Book Strengthened

26th Feb 2015 10:56

LONDON (Alliance News) - Optical components and systems manufacturer Gooch & Housego PLC on Thursday said trading in its financial year so far has been strong, with a rise in its order book in the first four months.

In a statement prepared for the company's annual general meeting, Chairman Gareth Jones said trading in the first four months of its financial year, starting October 1, has been robust, boosted by demand for solid state and fibre optic lasers and telecommunication systems in the industrial sector.

The group's current order book is 6.1% higher than at the start of the financial year, Jones said, despite a rise in shipments year-on-year.

Shares in Gooch & Housego were up 2.2% Thursday at 705.00 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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