Dewhurst, the specialty supplier of equipment to the lift, transport and keypad sectors, has reported 1H24 revenue growth of 2% (after a 4% FX headwind) with operating profits 7% lower. The latter reflects investment costs related to last year’s move into the lift display market through the acquisition of the E-motive lift display brand. Encouragingly, profitability has now picked-up in the Lift division and the outlook statement signals continued sales growth across the group in 2H, albeit FX m ....

24 Jun 2024
Good 1H with positive momentum heading into 2H

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Good 1H with positive momentum heading into 2H
Dewhurst Group PLC Class A (DWHA:LON) | 515 -141.6 (-5.1%) | Mkt Cap: 39.8m
- Published:
24 Jun 2024 -
Author:
Caroline de La Soujeole -
Pages:
3 -
Dewhurst, the specialty supplier of equipment to the lift, transport and keypad sectors, has reported 1H24 revenue growth of 2% (after a 4% FX headwind) with operating profits 7% lower. The latter reflects investment costs related to last year’s move into the lift display market through the acquisition of the E-motive lift display brand. Encouragingly, profitability has now picked-up in the Lift division and the outlook statement signals continued sales growth across the group in 2H, albeit FX m ....