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Morgan Advanced Materials lowers outlook, launches £40m buyback

By Josh White

Date: Tuesday 05 Nov 2024

(Sharecast News) - Morgan Advanced Materials reported a 3.8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, which saw a 12.6% increase.

However, challenging market conditions led the FTSE 250 company to downgrade its full-year...

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