AZ Electronic sees sales fall

City A.M. Reporter
SPECIALTY chemicals maker AZ Electronic Materials yesterday posted a decline in its revenues for the third quarter, and said second half revenues would be around the same level as the first half.

Third quarter revenue fell 10 per cent to $182.9m (£112.4m), but it left its earnings expectations for the year unchanged. It said it would focus on cash generation to enable it “to take full advantage of the long term structural growth of its end markets”.