Low & Bonar posts near stable H1FY'13 sales

Highlights:

Martin Flower, Chairman, said:

“The strategy and strong fundamentals of the Group remain unchanged and we have continued to invest and build organisational capability to support future growth.”

“In the first half of the year an extended period of abnormal weather across Europe temporarily interrupted our progress and has led to lower profits. Outside of Europe and in sectors largely unaffected by the weather the business has continued to show good growth. With sales momentum renewed as the Group enters the traditionally stronger second half we remain confident of meeting expectations for the full year.”

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Low & Bonar