GKN ‘mostly good’GKN ‘mostly good’
UK-based GKN reported that profits for the first 11 months of 2007 showed a solid improvement over the same period in 2006, with its Driveline, Aerospace, and Off Highway segments all ahead.
Its powder metallurgy business dipped marginally below 2006 figures due to higher raw material costs in the second half of 2007 and some operational disruption stemming from restructuring.
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