Cookson trading in line
Industrial ceramics group Cookson said business has continued to trade in line with its expectations.
"We continue to anticipate a strong performance in 2008, driven by the enlarged Ceramics division," said the group.
The enlarged Ceramics division continues to deliver improved performance compared to 2007, with the newly-acquired Foseco business performing ahead of its original expectations, it said.
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The Electronics division is maintaining its performance at 2007 levels despite slightly softer end-markets. The Precious Metals division remains profitable despite the difficult retail environment in the United States.
It is also benefiting from the positive currency translation impact of sterling's recent weakness on reported revenue and profits.
