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Melrose trading materially ahead of expectations

Melrose Industries said on Wednesday that it was trading "materially ahead" of expectations, with significant growth in revenue, profit and margin, as it issued new guidance for the full year.

Renold FY profits seen materially ahead of upwardly revised expectations

Industrial chains supplier Renold said on Monday that the "strong momentum" in its performance experienced in the first nine months of the year had continued through the final quarter and said it now sees full-year profits coming in ahead of previous guidance.

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