The group’s AGM trading update highlights that in the first four months of the year, trading conditions remain similar to previous trends, with strong subsea fibre couplers, A&D and life sciences. A slight improvement has been seen in microelectronics demand, while the effect of the coronavirus on Chinese demand is currently difficult to quantify, but is likely to be a drag on short-term performance. We therefore prudently cut EPS by 12.4% this year and 6.2% next year. The price tar
19 Feb 2020
Gooch & Housego - AGM update; coronavirus uncertainties
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Gooch & Housego - AGM update; coronavirus uncertainties
Gooch & Housego PLC (GHH:LON) | 523 0 0.0% | Mkt Cap: 134.9m
- Published:
19 Feb 2020 -
Author:
David Buxton -
Pages:
4
The group’s AGM trading update highlights that in the first four months of the year, trading conditions remain similar to previous trends, with strong subsea fibre couplers, A&D and life sciences. A slight improvement has been seen in microelectronics demand, while the effect of the coronavirus on Chinese demand is currently difficult to quantify, but is likely to be a drag on short-term performance. We therefore prudently cut EPS by 12.4% this year and 6.2% next year. The price tar