Carrs Group Regulatory News (CARR)

8 Aug 2008 07:00



Friday 8 August 2008

Carr's Milling Industries plc (CMR.L)

Trading Update

Carr's Milling Industries plc ("Carrs"), the agriculture, food and engineering group, published its second Interim Management Statement on 10 July 2008. The Interim Management Statement indicated that the Board expected profit before tax for the year to 30 August 2008 to be in excess of GBP9.2m (2007: GBP5.5m) on revenue of at least GBP330m (2007: GBP253m). 

Since 10 July 2008, Carrs has continued to enjoy very strong trading across all divisions and geographies. This has been particularly the case in Agriculture, much the largest of the Group's three activities. As a result, and on the basis of current commodity prices, Carrs now expects its profit before tax to substantially exceed £9.2 million. Carrs intends to make a further announcement early in September shortly after its year end.

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