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12 Jul 2012 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 and Chairman, Keith Butler-Wheelhouse, will provide the following update on current trading,
"In my first AGM statement as Chairman, I am pleased to report that the Group's trading in the first three months of the new financial year has been in line with management expectations and the Group remains strongly cash generative. This is particularly pleasing given the wider macro economic situation.
As we previously reported, the Board's focus remains on increasing sales and improving Chamberlin's operational performance and we continue to make progress in these areas. In line with strategy, we also continue to look for suitable acquisitions to complement organic growth and I look forward to updating shareholders in due course."
For further information, please contact:
Chamberlin plc | T: 01922 707100 | |
Tim Hair, Chief Executive | ||
Mark Bache, Finance Director | ||
Charles Stanley Securities (Nominated Adviser) | T: 020 7149 6000 | |
Russell Cook / Carl Holmes | ||
Biddicks | T: 020 3178 6378 | |
Katie Tzouliadis / Sophie McNulty |
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