Morgan Advanced Materials Sees Full-Year Profit at Top End of Forecasts
Morgan Advanced Materials said nine-month sales grew 4.9% year over year on an organic, constant-currency basis, excluding an £8.9 million phasing benefit from a semiconductor take-or-pay contract. The company said strong growth continued in strategic areas.
In the nine months to September end, group sales grew 4.9% on the same period a year earlier, on an organic constant currency basis, and excluding the £8.9m phasing benefit from a Semiconductor take-or-pay contract.Morgan Advanced said strong growth has continued in strategic areas including aerosp…