(Reuters) - British engineering company Fenner Plc (L:FENR) reported better-than-expected full-year revenue helped by a weak sterling.
Fenner, which has been hurt by a global commodity slump, said revenue fell to 572.5 million pounds ($715.28 million) for the year ended Aug. 31 from 666.7 million pounds ($832.9 million) a year earlier. Underlying pretax profit was 23.2 million pounds.
The pound has fallen about 16 percent against the dollar <GBP=> since Britain's vote in June to leave the European Union.
Analysts were expecting full-year revenue of 567.40 million pounds, according to Thomson Reuters I/B/E/S.
($1 = 0.8004 pounds)