GKN reports sharp drop in sales but stays in the black

摘要

Results issued by GKN plc for fiscal year ending 2009 showed that despite a 25% fall in sales for the Automotive Products division (including powder metallurgy), the division was able to report a ￡7 million profit. The company reported overall Group sales down 3% to ￡4.468 million and profits for 2009 of ￡152 million.