Fenner PLC reports record revenues, profits

ERJ staff report (DS)

London – Belting manufacturer Fenner PLC has reported record sales for the 12 months to 31 August 2012. The company said sales increased by 16 percent to £830.6m (euro 1035 million). Underlying operating profit was up 30 percent to £118.8m; operating profit up 30 percent to £107.6m.

In the conveyor belting division, underlying operating profit increased by 38 percent to £84.4m on revenues up 16 percent to £593.4m

The Advanced Engineering Products unit saw underlying operating profit and revenues both increased…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with