Gooch & Housego ( (GB:GHH) ) has issued an update.
Gooch & Housego PLC has reported a significant increase in its order book since the start of the financial year, attributed to strong demand in medical diagnostic instruments and new orders in defence optics and subsea data networks. The integration of the acquired Phoenix Optical is progressing well, enhancing customer confidence and supporting additional demand levels. Despite macroeconomic uncertainties and potential impacts from new US tariffs, G&H maintains a positive outlook for its fiscal year 2025, with expectations of improved financial performance as industrial markets recover.
More about Gooch & Housego
Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK, with operations in the USA and Europe. The company is a world leader in researching, designing, engineering, and manufacturing advanced photonic systems, components, and instrumentation for applications in Aerospace & Defence, Industrial, Life Sciences, and Scientific Research sectors.
YTD Price Performance: -13.30%
Average Trading Volume: 32,644
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £113.7M
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