Ceramics drive Cookson growth

Cookson, the British industrial materials group, has reported higher first-half profit, helped by strong growth in its ceramics and electronics divisions. Despite rising raw material prices, revenues in the company's ceramics division rose by 16 per cent. In the electronics division, revenue grew 21 per cent. The company said it expects full-year performance to be ahead of expectations. It reported a profit of £132.1m compared with £104m last year.