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Just pulled this from Research Tree... Bodycote delivered satisfactory performance in the first four months of 2016. The company's performance was impacted by its exit from Brazil and the restructuring actions announced in 2015. The oil & gas and industrial sectors witnessed a fall in revenues owing to weak demand. Car and truck revenues surged, with strong performance across North America, Europe and the emerging markets. Bodycote expects full-year results to be in line with the expectations. Although, some of the company's divisions are currently under pressure, we believe it would bounce back to growing terms owing to its fundamentally strong position.
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