LONDON (Alliance News) - Engineer Fenner PLC on Thursday said trading in the first half has remained in line with its expectations, though end markets remain challenging.
The group, heavily exposed to oil and gas and commodities markets, said the North American rig count has reduced further since its last trading update in January, but its performance has remained in line.
Fenner expects to publish its results for the half to the end of February on April 27.
Shares in Fenner were down 2.2% to 136.25 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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