“The Group delivered a good first half result, with last year’s acquisitions performing well,” said Stephen Harris, Bodycote group chief executive. “Improvements in mix and rigorous cost control outweighed softness in demand, resulting in increased margins. Looking forward, we expect a broadly similar outcome in the second half and therefore the board continues to expect modest progress for the year as a whole. The board remains confident that Bodycote’s strategy will continue to deliver good profits, cash and returns through the business cycle.”
