Hampson Industries PLC (HAMP.L) in its Interim Management Statement covering the period from 1 October 2009 to 2 February 2010 said trading in the period has been satisfactory, with performance in each of the group's divisions being influenced by the principal factors discussed in the Half Year Report.
Although the company's results in the period remain below those achieved in the comparable period of the previous year, its principal business, aerospace tooling, has continued to see early signs of the anticipated recovery of market demand. The twelve month tooling order book at 31 December 2009 had increased by 13% since 31 March 2009 and by 25% since August 2009.
Texstars, Inc. and Composites Horizons, Inc., the company's composite component businesses, have continued to trade in line with the Board's expectations in the period, with demand in the military aerospace sector remaining robust.
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