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The Independent Online
SHARES in BTR fell 9.5 per cent last week as analysts on a visit to the company's US businesses grew concerned about the outlook for the markets in which the company operates. No pickup is expected in the near future.

The company - which makes car-parts, industrial motors and controls systems - is active in the US car market. This is expected to fall next year and analysts are coming to the realisation that their profit estimates are too high. There are likely to be a number of downgrades in the next few weeks.

In September, the company reported a first-half loss per share of 6.3p down from 9.1p last year. Copyright: IOS and Bloomberg

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