600 Group (AIM:SIXH) it’s looking more encouraging for the pension scheme with a business
The AIM listed manufacturer of machine tools and industrial lasers reported more encouraging interim results. Could this finally be the start of the long-awaited comeback from this elderly business with its large pension scheme?
600 Group (AIM:SIXH) is a diversified engineering group with a world class reputation in the manufacture and distribution of machine tools, precision engineered components and more recently industrial laser systems. It operates these three areas of business from locations in Europe, North America and Australia selling into more than 180 countries worldwide. The somewhat unusual name comes from the early head office address at 600 Commercial Road in East London. It formed its first machine tool company in 1932 and became the UK’s leading lathe manufacturer through the acquisition of Colchester Lathes in 1954 and TS Harrison in 1971. In…