Restructuring and steel upturn bolsters Cookson

摘要

UK-based Cookson Group plc has reported a mixed performance far 2002. While, the group's turnover far 2002 was 1,721 m pounds., dawn 11 percent on the figure far 2001 of 1,929m pounds., operating profits far continuing operations in H2 2002 showed a 34.4m dollars. profit compared to a lass of 1.2m pounds. for H2 2001. In the last two years, Cookson has experienced very weak trading conditions in mast of its key markets, especially in the electronics industry. Cooksan's electronics division saw its turnover decrease by 18 percent in 2002 compared with 2001, from 852m pounds. to 694m pounds. The division's contribution to the group's overall turnover fell from 44 percent to 40 percent.