Carclo Regulatory News (CAR)

8 Apr 2008 07:01

Carclo plc08 April 2008 Immediate Release 8 April 2008 Carclo plc ("the Group") Pre-close Update The board is pleased to report that the Group has continued to trade in linewith its expectations since the issue of our Interim Management Statement on 6February 2008. As anticipated, Technical Plastics has delivered a stronger second half,benefiting from the re-organisation of the Slough facility during the firsthalf. We continue to focus on growing our medical diagnostics and LED opticsbusinesses whilst reducing our exposure to less attractive markets. Precision Products has had an encouraging second half due principally to theincrease in activity in our specialist LED lighting business. The aftermarketlighting business, Ultra, which was acquired in December 2007, has alsoperformed well. Conductive Inkjet Technology has continued to make good progress in thecommercialisation of its technology and in the development of new applicationsin organic displays and photovoltaics. The Group will announce its preliminary results for the year ended 31 March 2008on 10 June 2008. - Ends - Enquiries:Carclo plc 01924 268040Ian Williamson, Chief ExecutiveRobert Brooksbank, Finance Director Weber Shandwick Financial 020 7067 0700Richard Hews/James White Notes to Editors About Carclo (LSE: CAR) • Carclo plc is a global supplier of technical plastic components. It is a public company whose shares are quoted on the London Stock Exchange. • 75% of sales are derived from the supply of fine tolerance, injection moulded plastic components, which are used in medical, automotive, telecom and electronics products. This business, Carclo Technical Plastics, operates internationally in a fast growing and dynamic market underpinned by rapid technological development. • 25% of sales are derived from the supply of manufactured systems to the automotive and aerospace industries. • Carclo's strategy is to grow rapidly in low cost manufacturing regions and to develop new technologies and products to underpin future growth. This information is provided by RNS The company news service from the London Stock Exchange