Five industrial stocks to explore in Q1 2023

Source: TippaPatt, Shutterstock Summary QinetiQ Group PLC had anticipated revenue growth of high teens percentage during FY21 ending 31 March 2021. The Company had targeted operating profit margin ranging from 12% to 13% over th ...

Source: aapsky, Shutterstock Summary The London-based company's share rose around 40 per cent, the highest since 11 February 1993. Babcock will concentrate on being global aerospace, defence, and security corporation. At the end of ...

Source: metamorworks, Shutterstock Summary The Vitec Group PLC had experienced a revenue drop of around 23% during FY20. VTC would acquire Lightstream and Quasar for around £30.4 million. VTC would pay a final dividend of 4.5 ...

Source: jittawit21, Shutterstock Summary Encouraged by the pickup in letter volume and inline trading, Royal Mail Plc has announced to pay a one-off final dividend of 10 pence per share. The company will also be updating about GLS bu ...

Source: Freedomz, Shutterstock Summary Industrial stocks have doubled the investors’ money in the past one year by delivering prolific returns. Industrial stocks usually do well when an economy is under expansion or recovery mo ...

Source: New Africa, Shutterstock Summary Strix Group PLC had registered a decline of 1.6% in the revenue to around £95.3 million during FY20. The Board had declared an increase in the total FY20 dividend to 7.85 pence per share ...

Source: Rawpixel.com, Shutterstock Summary The flash IHS Markit/CIPS UK composite PMI jumped to a seven-month high of 56.6 in March. The manufacturing PMI rose to a high of 57.9 for the month. The UK business activity has return ...

Source: jaroslava V, Shutterstock Summary UK Secretary of State Elizabeth Truss has highlighted clean growth as one of the key aspects for the UK Export Finance’s trade priorities this year. The move comes ahead of the COP26 su ...

Source: Halfpoint, Shutterstock Summary FedEx’s package volumes for the quarter ended February 28 were up 25 per cent. Its adjusted revenue was at $21.5 billion against $17.5 billion for the same period a year ago. Operating i ...

Source: Fit Ztudio, Shutterstock Summary A study has found that Tesla’s £1 billion investment in bitcoin has carbon footprint The total investment made by the electric car manufacturer is worth 1.8 million cars’ ann ...