News & Comment
Specialist optical components and systems maker Gooch & Housego gathered up 6.5p to finish at 434p today, as the market warmed to a 28 per cent interim profits push.
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Shares in high-end devices and instruments group Gooch & Housego gained ground today, following forecast-beating financials for the year to September.
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Despite an uncertain outlook for the electrical components industry, especially within semiconductors, precision optical equipment maker Gooch & Housego keeps turning in impressive results. But the market wasn't impressed. William Davidson reports.
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Recommendations
Specialist optical components and systems manufacturer Gooch & Housego, which has an impressive recent earnings growth track record, is set for further growth.
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Growing ‘optoelectronics’ manufacturing play Gooch & Housego – flagged up here as a strong buy at 191.5p at the interim – has comfortably beaten last year’s record numbers, and is widening the net product–wise to sustain growth rates.
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Gooch & Housego, the self-styled ‘optoelectronics’ manufacturing play, beat analysts’ forecasts with strong half-time figures to March.
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Few companies have posted 33 per cent share price gains this year, which makes the performance of Claims People, the loss adjuster recommended in Company Watch in February, all the more remarkable.
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It has taken a long time, but Clinton Cards, our 'Company Profile' back in November 2001, is finally receiving the attention it deserves.
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Gooch & Housego is very much a one-off. An optical engineer with no noted UK competitors, it must be the only company to have come to the market when its founder and executive chairman-cum-chief executive was 80 years of age.
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