We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.


registration required

for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

Industrials are vulnerable

Six weeks ago, the engineering sector looked unstoppable. It had risen more than 50 per cent since June last year and just hit an all-time high. But earnings upgrades implied by record valuations haven't materialised. Instead, the first warning of a busy quarterly reporting season has forced analysts to cut forecasts, creating an air of unease that has the City asking whether this is a one-off, or the start of something more nasty.

registration required

visible-status-Standard story-url-Industrials_News_240413.xml

By Lee Wild,
26 April 2013

Print this article

Related Companies

Advertiser reports

Register today and get...

Register today and get...
Please note terms & conditions apply