Morgan Advanced Materials profits soar on divestments

By
Published: Monday, 31 July 2017

But the company reports a sharp drop in revenue from its defence business due to lower demand.

Profits at Morgan Advanced Materials soared in the first half of 2017, thanks to the divestment of its UK Electro-Ceramics business and Rotary Transfer Systems, but falling demand from the defense sector weighed on organic revenue growth....

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: