UK's Goodwin soars on H1 profit surge

Goodwin

17/12/2024 09:05

** Shares of Goodwin  GDWN.L  soar 12.4% to 7,600p
    ** Mechanical engineering co posts H1 trading pre-tax profit
of 17.1 mln pounds ($21.7 mln) vs year-ago 11.2 mln pounds
    ** Reports H1 rev at 106.4 mln pounds, up 9% y/y
    ** Expects similar level of activity for group in H2 of year
ending April 30, 2025
    ** As of last close, GDWN up ~35% YTD

($1 = 0.7880 pounds)

 (Reporting by Ankita Bora in Bengaluru)
 ((Ankita.Bora@thomsonreuters.com))