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Chamberlin
- BY: Andrew Hore |
- POSTED: 29/07/2010 |
- COMMENTS: Add yours
Engineer Chamberlin says trading has been strong at its foundries in the first quarter and it is confident of a return to profit in the year to March 2011.
At 88.5p a share, up 6.5p on the day, Chamberlin is valued at £6.58m.
Chamberlin has started work on a second major turbocharger part contract at Walsall. Volumes are also recovering at the Leicester and Scunthorpe foundries.
Directors have been buying shares at between 74p and 81.5p a share since the 2009-10 figures were published.
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