Trading Update (RNS)21 Apr 2011 22:31
ACM Shipping Group plc (AIM:ACMG), a leading international shipbroker, is pleased to give the following update ahead of its Preliminary Results for the year ended 31 March 2011, which will be announced on 28 June 2011.
The Group confirms that it expects the outcome for the year to be in line with management expectations, despite ongoing difficult conditions in the market. Given the weak freight rates during the period, ACM has worked hard to continue to capture market share as well as control overhead expenses.
An analyst briefing, given by the ACM's management, will be held at 9:30 a.m. on Tuesday 28 June 2011 at Abchurch Communications Ltd, 16th Floor, 125 Old Broad Street, London, EC2N 1AR.