Last checked at 2 Feb 2018 07:00
2 February 2018
Autins Group plc
(the "Company" or the "Group")
AGM Statement
Autins Group plc (AIM: AUTG), a leading designer, manufacturer and supplier of acoustic and thermal insulation solutions for the automotive sector, will hold its Annual General Meeting today at the offices of Freeths LLP, 3rd Floor, The Colmore Row Building, Colmore Circus, Queensway, Birmingham commencing at 12 noon, where the Group's Chairman, Adam Attwood, will provide the following statement:
"We delivered strong top line growth in FY2017 and are seeing this continue during FY2018 although still very much re-iterating that we expect a significant second half weighting to results. FY2018 is a year where we will see significant progress for Autins as we continue to take on many challenges and opportunities to better secure a robust business model that can be scaled efficiently and deliver growth profitably and sustainably. Our Neptune product is gaining momentum and further traction in the market, our operations are focused on improving productivity and customer service, and we are increasingly on a path to working as one company in everything we do.
The Board remains confident in our strategy and the management is focused on deploying our detailed business plans. We are all committed to realising the full potential of the Group.
The company will release interim results for the six months ending 31 March 2018 in June 2018."
For further information please contact:
Autins Group plc Adam Attwood, Non-Executive Chairman Michael Jennings, Chief Executive James Larner, CFO
|
Via Newgate |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) Philip Davies Will Goode
| Tel: 020 7894 7000 |
Newgate Communications (Financial PR) Adam Lloyd Ed Treadwell James Browne
| Tel: 020 7653 9850
|
About Autins
Autins specialises in the design, manufacture and supply of acoustic and thermal insulation solutions primarily in the automotive sector but with an increasing focus on other sectors, including flooring, building and wider industrial applications.
The Group is one of the leading suppliers of noise and heat management products in the automotive market, producing and supplying over two million parts per month to customers including some of the world's leading vehicle manufacturers.