Hessle, England—Fenner P.L.C. has had its share of difficulties because of the downturn in the global mining sector, which has negatively impacted the firm’s core conveyor belt systems business.
But it has held up well despite those woes, a company official said.
Other parts of the firm’s operation are now showing some improvement. And moves the company has made to realign Fenner and its primary business, Fenner Dunlop PLC, are starting to pay off for the company.
In Fenner’s latest trading update on 13 July, CEO Mark Abrahams…