Scots food cas­ings firm Devro in line with fore­cast

The Scotsman - - Business - By SCOTT REID

Sausage skin and food cas­ings man­u­fac­turer Devro as­sured in­vestors yes­ter­day that it was trad­ing in line with ex­pec­ta­tions.

In a brief trad­ing up­date, the Scots firm said to­tal sales vol­umes in the pe­riod from 1 July to 31 Oc­to­ber were ahead of the equiv­a­lent pe­riod last year, con­tin­u­ing the mo­men­tum de­liv­ered in the first half.

It added that its “Devro 100 pro­gramme” con­tin­ued to progress well, with ac­tions on track to de­liver the an­tic­i­pated cost sav­ings for the year.

Strong sales growth in mar­kets in­clud­ing China, to­gether with cur­rency fluc­tu­a­tions, helped the firm re­port an 11 per cent rise in rev­enues to £125.2 mil­lion in the first half of the year.

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