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BUZZ-Cobham: top of Stoxx on encouraging outlook

Thu, 06th Aug 2015 07:27

** Engineer Cobham recovers after recent weakness &poised for biggest one-day rise since March 2012

** Co keeps FY revenue guidance

** Order intake up 32% (5% at constant currency)

** Interim dividend increased by 5% to 3.05p

** Defence markets starting to stabilise

** Stock, down c.14% since early May peak (until Wednesday'sclose) up 8.5%, top riser on both Stoxx 600 & UK's FTSE250, in robust volume (1/4 of 90-day daily avg traded in25 minutes)

(RM: tricia.wright1.thomsonreuters.com@reuters.net)

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