(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
Read more(ShareCast News) - Shares in Renold jumped on Tuesday, after the power transmission company producer said its interim pre-tax profit rose despite a challenging market environment. In the first six months of the year, the group posted a 4.5% year-on-year increase in pre-tax profit to £4.6m, while rev
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