Tomkins H1 seen firmer on lift in key markets

Newswire

LONDON, Aug 20 (Reuters) - UK engineer Tomkins Plc is expected to post a modest rise in first-half profits next week as key markets start to improve and costs fall following a restructuring. Tomkins, which sells automobile engine parts, transmissions and parts used in air conditions and heaters, is expected to show steady growth as non-residential construction improves but still to lag other engineering groups. "With exposure to recovering U.S. industrial and non-residential construction ...

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