Gooch & Housego announced an upbeat half year trading update, confirming the positive trends highlighted at its AGM, with strong momentum in A&D and a recovery gathering pace in semiconductor markets. The order book has seen robust growth of 16.5%, providing further comfort to forecasts. The group is trading in-line with market expectations, and we therefore maintain our forecasts and 890p target price. The shares have been strong performers since its February AGM update, currently trading on an ....
