Meggitt has issued a trading update in which all divisions performed according to guidance except for Defence which did even better. On the back of this development, Meggitt upped its FY19 revenue growth guidance, while, at the same time, expecting a potential drag on the margins.
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Trading update: strong performance in Defence
- Published:
12 Nov 2019 -
Author:
Hugo Paternoster -
Pages:
2
Meggitt has issued a trading update in which all divisions performed according to guidance except for Defence which did even better. On the back of this development, Meggitt upped its FY19 revenue growth guidance, while, at the same time, expecting a potential drag on the margins.