Agriculture and engineering group Carr's surged on Monday as it posted a jump in first-half profit and said full-year results were likely to be "slightly ahead" of its previous expectations following a strong start to the second half.
Carr's said on Tuesday that trading is in line with the board's expectations for the current financial year and "significantly ahead" of the previous year in both agriculture and engineering.
Carr's Group has acquired US nuclear engineering firm ESI Holding Company for up to $20m.
Agriculture and engineering group Carr's said its expectations for the full year remain unchanged, as its first-half pre-tax profit slipped a little.
Agriculture and engineering group Carr's warned that profits for the year will be "significantly below" expectations, despite an improving UK agriculture performance.
Agriculture and engineering group Carr's posted a rise in pre-tax profit for the year ended 3 September, despite a drop in revenue, thanks in part to a strong showing in the agriculture division.
Carr's Group, the agriculture and engineering group, has acquired German engineering business STABER GmbH to open up the firm to more innovative products and cost savings.
Agriculture, food and engineering firm Carr's Group has sold its food division, Carr's Flour Mills, to flour milling business Whitworths for £36m.
Agriculture, food and engineering company Carr's Group posted a trading update for the 20 weeks to 19 July on Tuesday, confirming trading remained in line with the board's expectations for the financial year to 3 September.
Iofina shares are worth a punt, albeit admittedly being 'extremely high-risk', The Daily Telegraph's Questor said.
Carr's Group sank to a five-month low as interim results from the mini-conglomerate showed lower revenue and pre-tax profits, but higher earnings and dividends and led to next year's earnings forecasts being trimmed.
Agriculture and engineering group Carr's, the former Carr's Milling, said trading continued as per expectations for the full year to 29 August despite market pressures in its three divisions.
The wife of a new non-executive director at Carr's Group bought some shares on Wednesday showing confidence in the group which is facing a decline in UK farm incomes due to a fall in farm-gate milk prices.
Agriculture, food and engineering business Carr's Group saw its shares rise after posting good first half-year results.