Mercer loss widens on poor H&C performance; recent trading better

Jonathan Underhill
Wed, 29 Aug 2018

By Gavin Evans Aug. 29 (BusinessDesk) - Mercer Group says its two major operating divisions have good work flows and delivered an operating profit last month. The group’s Mercer Stainless business delivered operating earnings of $1.1 million in the year through June, while the Haden & Custance machinery business is expected to sell its first system into the US red meat market by the end of 2018. “Current workflows in both Mercer Stainless and H&C are good, and the company generated an ebitda profit in July, which was pleasing. We are l...

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