Morgan’s First Half 2017 Results in Line with Expectations
Morgan reported revenue of £518.9 million (approximately $675.8 million) in the 2017 first half, an increase of 9.2% as reported and 0.2% on an organic constant currency basis.
Morgan Advanced Materials recently announced its financial results for the first half of 2017. The company reported revenue of £518.9 million (approximately $675.8 million)) in the 2017 first half, an increase of 9.2% as reported and 0.2% on an organic constant currency basis compared to the same period in 2016.
“We have delivered in line with our expectations in the first half of the year with improved momentum driving organic growth in the second quarter,” said Pete Raby, CEO. “We are making good progress with the implementation of our strategy. Operational improvements are ahead of plan and providing the funds for reinvestment in research and development, sales, and infrastructure.”
For more information, visit www.morganadvancedmaterials.com.
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