Bookham suffering continues

Losses increase as recession shows no signs of easing for optical component firm...

NEWS Bookham Technology has announced widening losses for its first quarter. The optical components firm is continuing to suffer from the downturn in the telecoms sector and reported pre-tax losses of £16.9m - up from £11.7m for the comparable quarter. Revenue fell 52 per cent to £5.6m from £11.6m.

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