Fenner ‘moves from recovery to growth’

FennerLondon – Fenner plc has left recovery-mode and is now tracking “sustainable growth”, the UK group said in a 2017 results announcement issued 15 Nov.

Underlying operating profit came in at £59.1 million (€70.0 million), 59% higher than last year, on revenues up 14% to £655.4 million, according to Fenner’s full-year report.

Fenner’s Advanced Engineered Products (AEP) division contributed a 29% rise in underlying operating profit to £43.9 million. This was achieved on 11% higher sales of £294.0…

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