Automotive components - LSE - Mcap: £683m - Price: 48p - Flash
  
DOWLAIS GROUP 

RESILIENT PERFORMANCE IN A SOFT AUTOMOTIVE MARKET 

Management action to reduce costs and drive commercial actions has enabled Dowlais Group to protect margins despite lower revenues from the weaker automotive market. Hence, management expectations for FY24 are confirmed. This should improve investor confidence and reduce the clear valuation gap.
 

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