Tomkins yr profit up 1.4 pct on acquisitions, costs

Newswire

LONDON, Feb 22 (Reuters) - British engineering firm Tomkins Plc said on Wednesday annual operating profit rose 1.4 percent after a weak automotive sector was partly offset by income from new acquisitions. Tomkins, which sells parts used in car engines and air conditioners, said profit from operations before restructuring for the year to Dec. 31 was 308.5 million pounds ($537.7 million), compared to 304.3 million pounds a year earlier. This compared to consensus analysts' forecasts of 305 ...

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