Bodycote shares soar amid buyback extension, results – Northern Financial Review
Summary by northernfinancialreview.com
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1 Articles
Bodycote shares soar amid buyback extension, results – Northern Financial Review
Shares of Bodycote, the Macclesfield-based heat treatment and thermal processing giant, rose as much as 13% after the firm published half-year results and extended its share buyback programme by a further £30 million to £120 million. Bodycote said group revenue fell 7.5% to £369 million in the period. Profit before tax rose to £36.6 million from £26.2 million. In its outlook, Bodycote said: “Our full year guidance is unchanged and is in line wit…
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