Trading Statement
2003年10月31日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
RNS Number:5230R
Infast Group PLC
31 October 2003
TRADING STATEMENT
After weak sales in August and September, current trading continues to fall
significantly below expectations. As a result, the second half profit before tax
and goodwill amortisation is likely to be lower than that of the first.
In addition, exceptional difficulties have recently been experienced in the
management and resourcing process for one large industrial contract. This has
caused costs to be incurred in obtaining substantial amounts of parts at short
notice, as well as delaying the benefit of extra production volumes into one of
our manufacturing facilities. This situation and its related disruption to our
facilities is likely to reduce further the profit expectations for the current
year by approximately #1.1 million.
Cash flow remains positive and a reduction of net debt for the year is expected.
The Directors anticipate maintaining the dividend for the year.
For further information, please contact:
Infast Group plc Tel: 01452 880 500
Robert Sternick, Group Chief Executive
Rawlings Financial PR Limited Tel: 01756 770 376
John Rawlings
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTFDWFASSDSEIS