15 Sep 2008 07:00
15 September 2008
New Contract
Brady plc ("the Group") is pleased to announce that a fully integrated US miner, smelter and refiner of copper and other metals has selected Brady to support its commercial, trading and risk management operations.
This contract is in line with the Group's strategic plans and the Board believes that it provides further positive evidence of the success of the recent re-organisation and investment in building its routes to market. The revenue from this new contract is material and anticipated to be recognised in the second half of this year and beyond.
The Group's trading continues in line with the Board's expectations for the full year and the full year revenue outlook has now been under-pinned by the anticipated revenue associated with this contract, the five other significant contracts announced since April 2008, and from other revenues.
For further information, please contact:
Brady plc +44 (0)1223 479479 Gavin Lavelle, Chief Executive Officer www.bradyplc.com Tony Ratcliffe, Finance Director Oriel Securities Limited (Nominated +44 (0)20 7710 7600 Adviser)
Andrew Edwards
vendor