Gooch & Housego (GB:GHH) has released an update.
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Gooch & Housego, a leading photonics company, reported a slight increase in revenue to £136 million but faced a decline in profits for the fiscal year ending September 2024. Despite challenges in the industrial and medical laser markets, the company saw a strong second half driven by demand in Life Sciences and Aerospace & Defense sectors. The business remains optimistic about future growth, supported by strategic acquisitions and operational improvements.
For further insights into GB:GHH stock, check out TipRanks’ Stock Analysis page.
