Cookson sees marked slowdown in Q4 2008

摘要

Cookson Group has just released its results for 2008, which the company say reflect two very different periods of trading. Over the first nine months they experienced continuing growth in their main end-markets of steel, consumer electronics and automotive. However, from late September the company saw a rapid and significant weakening, reflecting the severe global economic downturn. As a result, the return on sales margin of 10.7 percent achieved over the first nine months fell to 7.3 percent for the last quarter of the year.