Renold on the hunt for acquisitions after record results July 17, 2024 Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.
Titanic shipbuilder Harland & Wolff suspends trading: How did we get here? July 1, 2024 The Belfast-based firm, which owns the shipyard that built the Titanic, said it had been in "ongoing discussions" with its auditors regarding the method of accounting for revenues in some of its contracts.
Growth in UK manufacturing sector slows but continues to ‘recover solidly’ July 1, 2024 This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.
Volex making good progress as firm lays out 2027 growth targets June 26, 2024 Revenue growth was concentrated in the firm's medical and 'complex industrial technology' divisions.
Profit rises at Castings as firm benefits from lagged Covid impacts June 12, 2024 Current levels of demand at Castings are expected to continue in the short-term, with the potential for a slight increase in the autumn.
Gooch and Housego optimistic despite headwinds June 4, 2024 Photonics engineering and manufacturing firm Gooch and Housego (G&H) has held its guidance for the year and remains optimistic despite revenue falling slightly.
Manufacturing activity jumps to highest level in over two years June 3, 2024 The survey showed that the upturn in activity was broad-based by both sub-sector and company size.
Volvere pays tribute to late CEO as Shire Foods owner returns to the black May 22, 2024 One year after losing its founder to cancer, turn-around investment firm Volvere has announced net profits of more than £2.7m, returning to the black.
UK manufacturing slips back into contraction amid Red Sea disruption fears May 1, 2024 The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.
Alstom in ‘intense discussions’ over new Elizabeth Line trains to save Derby plant April 17, 2024 Train manufacturer Alstom is in “intense discussions” with the government over possible new train orders to save its struggling Derby plant.