1. Gooch & Housego boosted by fast-growing order book

    Gooch & Housego boosted by fast-growing order book

    Sales into G&H’s other target market sector – life sciences – have risen at a slower rate, but at £9.6 million were still up nearly 10 per cent on the prior year. Key applications here include optical coherence tomography (OCT), laser surgery and microscopy, with Webster writing: “Despite the increase in revenue the [life sciences] profit did decline year on year, which is primarily due to the investments made into future capabilities. Though life sciences is a relatively small sector for G&H, we see this as a strategically important one going forward.

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