StockMarketWire.com - Optical components and systems maker Gooch & Housego said it expected annual results in-line with expectations, as a downturn in demand for critical components in China amid the US-Sino trade war continued to weigh on its performance.

The company, however, said its fibre optics business had performed strongly, particular hi-reliability fibre couplers, which were experiencing a 'multi-year growth phase'.

Gooch & Housego entered its new financial year with a good order book which, at 30 September 2019, which stood at £94.4m, down 1.8% from £96.1m a year earlier.

'The order book reflects strong demand for fibre optics, hi-reliability fibre couplers and our A&D and life sciences capabilities, whilst industrial laser demand is yet to recover to more normalised levels,' the company said.

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