Advertisement
UK markets close in 8 hours 18 minutes

  • FTSE 100

    8,213.49
    0.00 (0.00%)
     

  • FTSE 250

    20,164.54
    0.00 (0.00%)
     

  • AIM

    771.53
    0.00 (0.00%)
     

  • GBP/EUR

    1.1648
    -0.0012 (-0.10%)
     

  • GBP/USD

    1.2540
    -0.0024 (-0.19%)
     

  • Bitcoin GBP

    50,756.10
    -483.72 (-0.94%)
     

  • CMC Crypto 200

    1,367.43
    +2.31 (+0.17%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CRUDE OIL

    78.53
    +0.05 (+0.06%)
     

  • GOLD FUTURES

    2,328.50
    -2.70 (-0.12%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,482.12
    -96.18 (-0.52%)
     

  • DAX

    18,175.21
    +173.61 (+0.96%)
     

  • CAC 40

    7,996.64
    0.00 (0.00%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Cobham maintains guidance, to return to growth in 2015

Reuters - UK Focus

LONDON, Nov 6 (Reuters) - British engineer Cobham maintained its 2014 guidance for organic revenue decline in the low-to-mid single digits, with a return to growth pencilled in for next year when U.S. defence cuts moderate and other markets pick-up.

Cobham (Other OTC: CBHMF - news) said on Thursday that trading in the first nine months of the year had been in line with expectations and its plan to reduce costs continued.

The company completed the acquisition of Aeroflex, a U.S. communications equipment company in September, in a move which it said would give it greater exposure to markets outside of defence, and help underpin its return to growth in the mid-single digit range next year.

(Reporting by Sarah Young; editing by Kate Holton)