Epwin has released an encouraging half year trading update to June period end confirming operating profit remains in line with expectations. H1 adj. EBIT was flat yoy against a strong comparator, implying c. £11.9m was achieved in the period. As flagged in its May AGM statement and in line with what the market is reporting, underlying revenue was down 8%. Zeus adjust revenue forecasts slightly but importantly keep adj. EBIT unchanged, causing a 40bps margin expansion to 7.8% as management focus ....
