FY results were a little ahead of our expectations. Customer demand remains strong, as evidenced by the 35.3% increase in the order book, with the boost in revenues partly reflecting price increases. Profit performance was held back by a number of macro supply-chain issues and in house resourcing which affected capacity and output, while the lagged effect of price increases following cost inflation impinged on margins. The A&D business saw a gap year in contract programmes but should recover in ....
06 Dec 2022
Gooch & Housego - FY results: additional investment in FY23 – EPS down 21.4%
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Gooch & Housego - FY results: additional investment in FY23 – EPS down 21.4%
Gooch & Housego PLC (GHH:LON) | 523 0 0.0% | Mkt Cap: 134.9m
- Published:
06 Dec 2022 -
Author:
David Buxton -
Pages:
8
FY results were a little ahead of our expectations. Customer demand remains strong, as evidenced by the 35.3% increase in the order book, with the boost in revenues partly reflecting price increases. Profit performance was held back by a number of macro supply-chain issues and in house resourcing which affected capacity and output, while the lagged effect of price increases following cost inflation impinged on margins. The A&D business saw a gap year in contract programmes but should recover in ....