Fenner says trading continues to be strong

ERJ staff report (DS)

London - In a trading update, Fenner PLC said trading continued to be strong in the second quarter and in the six months to 29 February. The Group expects to report its interim results on 25 April 2012.

The statement said, “Trading in the second quarter of the financial year has continued to be strong, with operating profit for the first half significantly ahead of the comparable period last year. Fenner has experienced positive trading conditions, supported by steadily growing demand from the mineral extraction/energy sectors, and market share gains. Operational efficiencies that were seen in the second half of last year have driven improved margins in both the Engineered Conveyor Solutions ("ECS") and Advanced Engineered Products divisions.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from Fenner