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Invensys trades meet expectations.

24 July 2008

Despite the current difficulties in the US market Invensys, a global technology and controls company focussing upon industrial automation, rail transportation and controls, has started the financial year strongly after trading met expectations in the first quarter.

Invensys trades meet expectations.
Invensys trades meet expectations.

This success should continue throughout the year with Invensys’ taking orders for safety-related rail signalling, control systems, washing machines and other household appliances.

Invensys is debt-free, with £200m cash, in spite of the problems faced in 2005. Furthermore, borrowing has become easier for the company making it easier to pay 2007 dividends.

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