Umeco rolls on.
Investors Chronicle - magazine and web content, November, 2007
A major contract extension, an astute acquisition and a solid commercial aerospace market underpin Umeco's growth potential Shunil Roy-Chaudhuri
Umeco looks in good shape. The group reported organic revenue growth, on a constant currency basis, of 15.9 per cent at its supply chain division (which manages inventory distribution for aerospace and defence customers). Organic revenue growth at the composites unit, also on a constant currency basis, grew 9.4 per cent - it provides advanced composite materials and products for use in several different sectors. Chief executive Clive Snowdon said the group is winning a bigger share of its markets and was also supported by a robust commercial aerospace sector, as well as strong demand for composite products from the...
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