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Goodwin Revenue, Profits Up; Says Trading Remains Buoyant

7th Mar 2014 10:09

LONDON (Alliance News) - Goodwin PLC Friday reported higher profits and revenues for the nine months to the end of January, and said its trading remains buoyant.

The mechanical and refractory engineering business reported a pretax profit of GBP18.0 million for the nine months to January 31, up from GBP15.1 million in the year-earlier period as revenues rose to GBP103.1 million, from GBP98.2 million. Net profit for the period was GBP14.1 million, up from GBP11.1 million.

"There have been no significant adverse events and the trading situation remains buoyant," said Chairman John Goodwin in a statement.

Shares in Goodwin were trading at 3,800.00 pence per share Friday morning, up 4.1%

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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Goodwin
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