Fenner upbeat about 2017 despite sharp declines

London – Fenner plc has repositioned its various businesses and is set to capitalise on improved market dynamics for both its Engineered Conveyor Solutions (ECS) and Advanced Engineered Products (AEP) divisions, according to CEO Mark Abrahams.

Announcing the UK group’s full-year 2016 results on 16 Nov, Abrahams struck a “cautiously optimistic” note despite a significant drop in sales and operating profit over the last 12 months.

In particular, Fenner’s boss pointed to strong business developments within AEPs medical products activities – including new tissue-engineering and biomedical products…

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