MTL orders up

MTL Instruments claims its move into process automation and electrical surge protection devices is paying off. Both areas showed strong sales in the first half of 2000, alongside MTL’s core operation, intrinsic safety instrumentation. MTL reported interim pre-tax profits almost unchanged at £1.67m, but orders running 20% ahead of the same period last year.

MTL Instruments claims its move into process automation and electrical surge protection devices is paying off. Both areas showed strong sales in the first half of 2000, alongside MTL’s core operation, intrinsic safety instrumentation. MTL reported interim pre-tax profits almost unchanged at £1.67m, but orders running 20% ahead of the same period last year.