Better times ahead, says MS group

ENGINEER MS International told shareholders at its AGM yesterday that the overall level of activity across the group is improving.

Executive chairman Michael Bell said orders are over 10 per cent higher than this time last year.

The defence division continues to prosper with a high level of work in hand for the year ahead.

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The Doncaster-based group, which makes components for the defence industry and parts for petrol station forecourts, said there are some interesting opportunities for further business in the defence area.

There was only a modest improvement in markets served by the group's forgings division, but the group is streamlining the business.

"These exercises and developments will ensure our future global competitiveness as and when markets really recover," said Mr Bell.