Morgan Crucible sees year performance in line
LONDON (Reuters) - Engineering firm Morgan Crucible (MGCR.L) is set to deliver a full-year performance in line with market expectations, helped by rising revenue on the back of a strong order book, the company said on Monday.
Morgan Crucible, which makes carbon and ceramic components for industry, including body armour for British and U.S. forces, said turnover rose by about 13 percent in the first half of its financial year.
"Order books -- which give us some 3 to 4 months' visibility -- are healthy and at levels well above the same time last year," Chief Executive Mark Robertshaw said in a statement.
(Reporting by Myles Neligan, Editing by Mark Potter)
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