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26 Apr 2013 07:00
AIM: CMH
CHAMBERLIN PLC
("Chamberlin" or "the Group")
Trading Update
Chamberlin, the specialist foundry and engineering group, provides the following update on trading for the financial year to 31 March 2013.
The Board is pleased to confirm that it expects the Group to deliver pre-tax profits for the full year in line with current market expectations of approximately £1.3m following the softer market conditions encountered in the second half. The Group continues to generate positive cash flows and net debt at the year end is expected to close materially lower than the same point last year, at below £1.0m.
Full year results are expected to be announced on 21 May 2013.
Enquiries
Chamberlin plc Tim Hair, Chief Executive | T: 01922 707100
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Charles Stanley Securities (Nominated Adviser and Broker) Russell Cook / Carl Holmes | T: 020 7149 6000 | |
Biddicks (Financial PR) Katie Tzouliadis | T: 020 3178 6378 |
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