Half Year Results 

Covid-19 is another headache for Gooch & Housego

Covid-19 is another headache for Gooch & Housego

Gooch & Housego (GHH) – which specialises in photonic technology, such as lasers and fibre optic components – saw its operating profit plunge by more than a third in the six months to 31 March, to £1.9m. This came as the Covid-19 pandemic compounded the downturn in the industrial laser market, sales to which dropped 18 per cent. The uptick in pre-tax profit reflects lower finance costs.

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