July 31Bodycote Plc, a provider of
thermal processing services, said first-half pretax profit rose
8.5 percent buoyed by demand at its largest unit that caters to
the automotive and general industrial sector.
The company, which makes products to improve the properties
of metals via heat treatment, metal joining and hot isostatic
pressing, said organic growth and margin improvement were
excepted to be impacted by a stronger pound in the second half.
Pretax profit rose 8.5 percent to 52.6 million pounds for
the half-year ended June 30. Group revenue slipped to 1.3
percent to 312.3 million pounds hurt by a strong pound.
(Reporting by Aashika Jain in Bangalore; Editing by Gopakumar