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Technology / AI and automation

COMPANY RESULT: RACAL ELECTRONICS PLC

Racal Electronics Plc reported a 32% fall in net profit to 31.7m pounds after the group had to absorb 29mpounds from the reorganization of data products. Revenue increased by 14% to 1.138bn pounds. Pre-tax profits were down from 70.4m pounds to 40.4m pounds. Earnings per share fell from 16.54p to 11.30p.

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CBR Staff Writer

CBR Online legacy content.