Gooch & Housego
GHH · AIM · Technology · mcap £335m · 1225.0p
Gooch & Housego designs and makes lasers components, optical systems and fibre products used in aerospace and defence, life sciences and industrial markets. It sells mainly to equipment makers, so demand follows their orders and stock levels.
| Target | Promise | Said | Status |
|---|---|---|---|
| 2024 | |||
| FY2024 | Grow A&D and Life Sciences revenue in FY2024 despite industrial destocking | 3 Oct 2023 | ◐ Partly kept |
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Status so far
Group revenue was flat and profit fell after two guidance cuts. Destocking lasted longer than expected. “G&H delivered a strong performance in the second half of the year underpinned by solid demand for our Life Sciences and A&D products”3 Dec 2024 · Results for the year ended 30 September 2024 “A&D revenue growth in the year was 26.0% and on an organic constant currency basis grew by 10.3% compared with the prior year”3 Dec 2024 · Results for the year ended 30 September 2024 |
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