Invicta hails diversification after share buyback
Engineering solutions and capital equipment group’s half-year headline earnings leap 35%
28 November 2022 - 10:15
UPDATED 28 November 2022 - 19:16
Invicta, Christo Wiese’s industrial holding company, says it benefited from a geographically diversified business in the half year to end-September, despite having to invest additional capital to bolster inventory amid global supply chain delays.
The engineering solutions and capital equipment group said that the Ukraine war resulted in a volatile world economic environment, causing logistical issues and higher energy prices, affecting all aspects of the business. ..
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