Full-year results were in line with expectations, with market conditions showing little change from previous indications. The subsea telecom fibre couplers continue to show robust growth and a strong order book. Demand from the microelectronics sector has stabilised, but remains affected by the slow-down in China and US/Chinese trade issues. A&D remains solid and the Lifesciences business has jumped in scale from the acquisition of ITL. No change to forecasts. The shares have performed we

03 Dec 2019
Gooch & Housego - Full-year results, trading on track for FY 2020 forecasts

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Gooch & Housego - Full-year results, trading on track for FY 2020 forecasts
Gooch & Housego PLC (GHH:LON) | 627 87.8 2.3% | Mkt Cap: 170.0m
- Published:
03 Dec 2019 -
Author:
David Buxton -
Pages:
7 -
Full-year results were in line with expectations, with market conditions showing little change from previous indications. The subsea telecom fibre couplers continue to show robust growth and a strong order book. Demand from the microelectronics sector has stabilised, but remains affected by the slow-down in China and US/Chinese trade issues. A&D remains solid and the Lifesciences business has jumped in scale from the acquisition of ITL. No change to forecasts. The shares have performed we