Brammer plc (BRAM.L) Thursday, in an interim statement for the four month- period to April 30 said trading is in line to deliver management's full-year expectations, although it anticipates a greater weighting to the second half reflecting momentum in the year to date.
The company further said despite difficult economic conditions across Europe, it has continued to gain market share. Overall sales at constant currency were down 2.9 percent which it said represents a resilient performance. The firm added that gross profit margins have improved by 100 basis points year on year, and costs continue to be tightly controlled.
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