UPDATE 2-GKN profit rises on global jump in plane production

Newswire

By Rhys Jones LONDON, July 30 (Reuters) - British car and plane parts maker GKN posted a better-than-expected 5 percent rise in first-half profit on Tuesday, led by a strong performance from the group's expanding aerospace business, sending its shares to an all-time high. Pretax profit of 278 million pounds ($427 million) in the six months to July topped the average analyst forecast of 272 million pounds, aided by the impact on the firm's bottom ...

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