Fenner reports strong growth in first half

ERJ staff report (DS)

London — Bucking the weak business trend, Fenner PLC has reported strong sales growth and profits on slightly down for the six months ended 28 February 2009. The company said sales were up by 28 percent to £257.6 million (euro 289 million) thanks to a series of acquisitions over the year. Operating profits were marginally, down, at £18.6 million compared with £19.7 million a year ago.

Conveyor Belting revenue increased to £181.2m (2008: £136.3m), helped by strong sales to the coal…

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