Shares in Low & Bonar jump as much as 12 per cent to touch a four-month high yesterday, after the supplier of yarn, fabric, and fibre reported better-than-expected full year pre-tax profit, boosted by new product sales and a higher contribution from emerging markets. Revenues at the group rose 13 per cent year-on-year to £388.7m, while profits before tax jumped to £23.4m – 26 per cent higher than a year ago.
Low & Bonar results impress
Wednesday 8th February 2012, 2:08am
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Editor's Letter
Allister Heath
Britain must embrace 30pc tax revolution to boost growth
IT is time for Britain to make a vital choice. Our economy is stagnant, with unemployment at horrendous...
