UPDATE 1-Torotrak sees FY close to breakeven after tax

Newswire

* Says trading in line with market view * Sees higher engineering fee, licensing income * Says continues to have strong net cash resources * Shares fall 6.2 pct July 28 (Reuters) - British transmission technology group Torotrak Plc said on Tuesday its trading had been in line with market as well as its own expectations and that it expected close to a breakeven after tax for the year. Revenue for the year is expected to be more weighted towards the second half of the year, the ...

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