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Interim Management Statement

16 Feb 2010 07:00

RNS Number : 1691H
CML Microsystems PLC
16 February 2010
 



 

 

CML Microsystems Plc

 

Interim Management Statement

 

CML Microsystems Plc ("the Company"), which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, today issues the following Interim Management Statement. This statement, as required by the UK Listing Authority's Disclosure and Transparency Rules, refers to the Company's trading results for the period from 1 October 2009 to 15 February 2009.

 

 

 

Firmer Trading

 

During the period an improved rate of sales was evident against those reported for the first-half. Revenues from the wireless and storage product sectors posted particular gains, with increased order book visibility emerging from certain customers.

 

As indicated in the Chairman's interim statement, the Board has been taking advice with regard to the listed status of the Company. The board's objective is to drive shareholder value over the medium term and, following consultation, it intends to do this within the framework of a public listing which provides for liquidity in the shares with an appropriate degree of flexibility for a company of its size. The Company will provide a further update prior to the year-end.

 

There have been no other material events or transactions since 1 October 2009.

 

 

Outlook

 

The Company has experienced better trading conditions recently and the Board expects full year results to March 31 to show an overall improvement against those reported for the first-half.

 

 

 

Enquiries:

 

CML Microsystems Plc

Chris Gurry, Managing Director Tel: 01621 875500

Nigel Clark, Financial Director

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSGGUBCPUPUGAA
Date   Source Headline
8th Aug 20065:32 pmRNSAdditional Listing
7th Aug 200610:47 amRNSDirector/PDMR Shareholding
2nd Aug 200612:00 pmRNSAGM Statement
23rd Jun 20062:34 pmRNSDirector/PDMR Shareholding
16th Jun 200612:36 pmRNSDirector/PDMR Shareholding
13th Jun 20067:01 amRNSFinal Results
7th Jun 20062:17 pmRNSRevaluation
23rd May 200610:40 amRNSNotice of Results
11th Apr 200610:35 amRNSHolding(s) in Company
1st Mar 20067:30 amRNSBoard Change
28th Feb 20062:12 pmRNSHolding(s) in Company
3rd Feb 200611:33 amRNSHolding(s) in Company
2nd Feb 200611:34 amRNSHolding(s) in Company
30th Jan 200611:18 amRNSHolding(s) in Company
13th Jan 20066:23 pmRNSHolding(s) in Company
6th Jan 20063:16 pmRNSHolding(s) in Company
2nd Dec 20051:07 pmRNSDirector/PDMR Shareholding
22nd Nov 20057:00 amRNSInterim Results
15th Nov 20057:01 amRNSRe. Transition to IFRS
7th Nov 20051:00 pmRNSNotice of Results
4th Aug 20056:14 pmRNSDirector/PDMR Shareholding
3rd Aug 200512:15 pmRNSAGM Statement
8th Jul 20052:51 pmRNSChange of Broker
7th Jul 20051:12 pmRNSHolding(s) in Company
17th Jun 20052:11 pmRNSDirector Shareholding
14th Jun 20057:00 amRNSFinal Results
9th May 200512:18 pmRNSNotice of Results
18th Mar 20051:50 pmRNSDirector Shareholding

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