BOC hit by strong sterling

BOC, the industrial gases and healthcare group, yesterday revealed the extent of its scars caused the strong sterling

BOC, the industrial gases and healthcare group, yesterday revealed the extent of its scars caused the strong sterling. Eliminating the effects of the currency translation, BOC's pre-tax profits climbed 6 per cent in the nine months to June 30th while turnover rose by 5 per cent. However, the strength of sterling on the foreign exchanges meant pre-tax profits fell by 1 per cent to £325.4 million sterling against £327.3 million in the corresponding period in the previous year. - (PA)