Company
Gooch & Housego PLC
LON:GHH
Gooch & Housego is a manufacturer of precision optical components and sub-systems for a broad range of technologies including Crystal Growth, Acousto Optics and RF Drive Electronics, Electro Optics, Fibre Optics and Optical Polishing & Coatings. Gooch & Housego also supplies materials engineering, handling & processing solutions. Gooch & Housego is traded in the ISDX Exchange HERE
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Gooch & Housego nudges guidance higher despite currency headwinds
"There remains substantial long-term growth potential for our photonic technologies and system capabilities in all of our target sectors," the company said
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FTSE 100 ends higher but doesn't crack 7,100; US markets mixed after Nasdaq reverses course lower
Helped by the weakness of sterling, the FTSE 100 posted decent gains
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Shortened week to see results from Wizz Air, B&M and Pennon while US non-farm payrolls dominate macro diary
The coming week will also see updates from recycling specialist Biffa and optical technology maker Gooch & Housego as well as from office real estate group Workspace
Gooch & Housego profits drop by a third as pandemic hits demand and disrupts manufacturing
The optical systems specialist reported an adjusted pre-tax profit of £9.8mln, down 35% year-on-year, while revenues fell 5.5% to £122.1mln
Gooch & Housego sees profits halve
The specialist manufacturer of optical components and systems has left its full-year guidance unchanged after a tough first half.
Gooch & Housego slides as it blames sluggish industrial laser demand for profit slump
The drop in laser demand, caused by the US-China trade war, was previously flagged in a June profit warning
Gooch & Housego drops as it warns on profits with laser demand hit by China-US trade war
Optical components manufacturer says laser orders increased in second half but it was “assuming that industrial laser business will not return to 'normal' levels this financial year
Investments and investor services
FTSE 100 closes up as Wall Street shares surge as Fed chair settles investor nerves
Fed chair Jerome Powell also settled nerves by saying that the central bank could cut interest rates if necessary
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Investors in AO World will be hoping all the bad news has already come out in the wash
The Day Ahead will otherwise be fairly quiet on the corporate news front, so attention will remain on President Trump's state visit and the latest UK construction PMI survey
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US jobs data, ECB policy decision to make for up meagre flow of corporate news in coming week
Asides from the macro news, the Week Ahead also brings the latest quarterly FTSE indexes reshuffle, a strategy update from insurer Aviva, and results from Auto Trader
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Small cap movers: Gooch & Housego shares get new life with deal to help transform organ transport
A look back at some of the more interesting stories from the junior market over the past week