Things are improving faster than expected at Low & Bonar, the performance materials groups focused on technical textiles, with like for like sales in the second quarter ahead of last year in all segments.
The company said that the transport, leisure and carpet manufacturing markets had put in especially strong performances.
"The improvement in sales referred to in the Interim Management Statement on 8 April has been maintained consistently throughout the second quarter," the company said. The company's second quarter runs through to end-May.
As a result, at current exchange rates, the group anticipates that the full year trading performance will be ahead of its previous expectations.
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