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    Goodwin Profits More Than Double Amid Military Spending

    2 weeks ago

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    Goodwin, a defence supplier known for submarine parts and radar equipment, reported a 118% increase in trading profits to £77.5 million for the year ending in April. Revenues rose by 27% to £280 million, driven by strong demand from the UK and US navy. The company plans to increase its annual dividend by 18% and is exploring the sale of its mechanical engineering division.
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