Tomkins H1 adjusted operating profit falls


LONDON, July 31 (Reuters) - British engineer Tomkins reported adjusted operating profit of $243 million for the first half on Thursday, down from $267.8 million, after a weakening in U.S. automotive and residential markets. Revenues were $2.93 billion, against $2.97 billion a year ago, and pretax profit was $61.6 million, down from $293.6 million, the company said. The company said it was taking a non-cash impairment charge of $175.1 million in relation to its businesses with exposure to ...

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