Strong 1st half growth at Bodycote
August 2, 2011
Heat treatment and hot isostatic pressing (HIP) specialist, Bodycote plc, reports a continued and broad-based recovery in Group revenues for the six months ended June 30, 2011. Sales increased by 17% to £288.2 million compared with the same period in 2010, and operating profit increased by 15% to £42.7 million.
Investment in HIP plants over the last several years has enabled Bodycote to expand output significantly in this sector, with sales growing by 26.9%.
Good progress was also made in extending the division’s HIP product fabrication capability.
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