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17 Jul 2015 07:00
AIM: CMH
CHAMBERLIN plc
("Chamberlin" or "the Group")
AGM Statement
Chamberlin, the specialist foundry and engineering group, will be holding its Annual General Meeting today at which Chairman, Keith Butler-Wheelhouse, will provide the following update on current trading:
"The first three months of the new financial year reflect the overall subdued performance anticipated at the time of the publication of the Group's final results on 19 May. This includes the impact of the current weak euro. Nonetheless, the Group continues to drive continuous improvement and lean manufacturing, and volumes are expected to improve in the second half of the financial year to March 2016. As a consequence while the Board anticipates a soft first half, it expects the Group to deliver financial results for the full year in line with current market expectations."
Enquiries
Chamberlin plc (www.chamberlin.co.uk) Kevin Nolan, Chief Executive David Roberts, Finance Director | T: 01922 707100
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Charles Stanley Securities (Nominated Adviser and Broker) Russell Cook | T: 020 7149 6000 | |
KTZ Communications (Financial PR) Katie Tzouliadis | T: 020 3178 6378 |
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