Bodycote plc has issued financial results for its first half 2017. Group revenue for the six months ended July 27, 2017, was reported to be £345.7 million, up from £291 million in the same period of 2016.
The company’s Aerospace & Defence segment reported revenues of £81 million, with Civil Aerospace up 4.4% on H1 2016. In the Energy segment, revenues were reported at £27 million, with the company reporting strong Q2 growth in onshore oil & gas for North America, despite a decline elsewhere.
The Automotive segment achieved revenues of £103 million, with car and light truck revenues up by 15.5%, 5.3% of which was due to acquisitions, and General Industrial revenues were reported at £135 million, representing a recovery after three years of negative trends.
Bodycote reported an overall operating profit of £59.4 million for the quarter, an increase of 26.1% from the £47.1 million reported in H1 2016.