Howle blames trading conditions

Howle Holdings, the cutting tool and tungsten carbide component maker, blamed tough trading conditions and the high value of the pound for a pre-tax loss of £89,000 in the six months to 31 March. It said it was looking for acquisitions, particularly in the can tooling sector, following its withdrawn bid for Brooke Industrial.

Howle Holdings, the cutting tool and tungsten carbide component maker, blamed tough trading conditions and the high value of the pound for a pre-tax loss of £89,000 in the six months to 31 March. It said it was looking for acquisitions, particularly in the can tooling sector, following its withdrawn bid for Brooke Industrial.