Source - SMW
Bodycote's  revenue for the three months to the end of September was £169.0m, 16.6% higher than a year ago and 12.9% higher at constant currency.

 Organic growth  was 9.1% at constant currency, reflecting 9.6% growth in the  aerospace, defence and energy business and 8.7% growth in the automotive & general industrial business. 

The year to date organic constant currency growth was 6.2%.

Civil aerospace revenues grew 3.0% and continued to be driven by growth in Western Europe. 

The recovery in the North American onshore oil & gas market began during the second quarter and continued during the period. 

Bodycote said the overall growth of its energy revenues was 24.5%. 

Defence revenues continued to decline in the period.

An update said: 'We saw continued growth of 8.3% in the car and light truck market, with strong growth in Western Europe and our emerging markets, while North American revenues were down. 

'General industrial revenues were 11.0% higher against a weak comparable. General Industrial growth was achieved in all geographies, and was strongest in Western Europe.'




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