Meggitt Boosted by Dunlop

Summary


Aerospace firm Meggitt yesterday posted a 37 per cent rise in underlying profits after its recently acquired Dunlop Aerospace operations in the West Midlands boosted performance.

Chief executive Terry Twigger said Dunlop, which has plants in Birmingham and Coventry, was contributing to sales and profits and other changes, including its new China facility, were on track"We are very pleased with the Dunlop acquisition and its integration is going well. We look forward to continued progress in the second half," Mr Twigger said.

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Meggitt Boosted by Dunlop

In its first interim report using International Financial Reporting Standards (IFRS), Meggitt said underlying pretax profit rose by 37 p...

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