1 Sep 2016 08:31
(ShareCast News) - Industrial chains and transmissions maker Renold said its full year results will be not quite as bad as indicated in a profit warning in February. At that time, Renold said annual sales would be 9% lower than the previous year and profits down 13% due to weakness in many of its en
Read more(ShareCast News) - Renold, the chains and power transmission specialist, warned that full year profits would be 13% lower than last year after sales in recent months were hit by weakness in many of its end markets. Sales are expected to fall 10% for the full year due to the significant volatility in
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