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Latchways expects to secure growth in first half

Thu, 15th Aug 2013 09:39
Latchways, which makes products to prevent people working at heights from falling, said it expected to report growth in the first half and it flagged up encouraging signs for the second half. The wind energy market has been driving business for its self-retracting lifeline product in recent months and it has secured initial business for its personal rescue device product, launched last year, in the powered access market. Latchways said: "Both of these product lines are expected to deliver strong growth for the year, particularly in the second half as North American order delivery gathers pace."It said that while this pointed towards a strong second half it still expected to report growth in the first half. It added: "Looking forward despite the prevailing economic weakness in our core markets we are well set to continue to deliver profitable growth."Shares in Latchways were flat at 1320p at 09:53 on Thursday.TB

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