Fenner PLC sales rise 35 percent in first half

ERJ staff report (DS)

London — Fenner PLC, a maker of belts from rubber and other polymers, has announced strong results for the six months ended 28 February 2011.

Revenue increased by 35 percent to £332.5m (euro 373.5 million). Underlying profit before taxation increased by 93 percent to £31.4m; profit before taxation increased by 120 percent to £26.6m

Mark Abrahams, Chairman, commented, “The Group has achieved a very strong performance in the six months to February 2011. Strong trading in both the Conveyor Belting and Advanced…

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