Surging military spending boosts London-listed defence sales Stock Market Two London-listed manufacturing contractors are reaping the benefits of a surge in defence spending as the period of geopolitical turmoil boosts sales across the sector. FTSE AIM-listed firm Gooch & Housego’s saw its profits before tax surge by nearly 16 per cent in the first half of the financial year, up to £3.3bn, driven by [...]
Gooch and Housego: Profit to be £1.5m lower than expected after delivery delays Business Photonics engineering and manufacturing firm Gooch and Housego (G&H) said it expects its profit for the year to be lower than previously predicted as delivery delays hit its revenue. The London-listed company, which saw its revenue fall in the first half of the year, said that it was likely to see its pre-tax profit come in at [...]
Gooch and Housego optimistic despite headwinds manufacturing Photonics engineering and manufacturing firm Gooch and Housego (G&H) has held its guidance for the year and remains optimistic despite revenue falling slightly.