July 31 Laird Plc, a British electronic
components maker, posted a 57 percent rise in pretax profit for
the first half, driven by growth in its performance materials
Profit before tax rose to 16 million pounds from 10.2
million a year earlier, while revenue rose to 252.6 million
pounds ($427 million) for the six months ended June 30 from
243.5 million pounds a year earlier.
Laird, which makes electromagnetic shielding and
heat-control devices for customers such as Apple Inc
and Samsung Electronics Co Ltd, said it was on track
to meet full-year expectations.
Laird's performance materials division designs and makes
electromagnetic interference shielding, thermal management and
signal integrity products.
($1 = 0.5911 British Pounds)
(Reporting by Noor Zainab Hussain in Bangalore; Editing by