Sign In
8 Jul 2011 07:00
RNS Number : 0110K
CPL Resources PLC
08 July 2011
07 July 2011
CPL Resources plc
Trading update
In our interim statement we announced a significant increase in our profits in the six months to 31 December 2010. The second six months of our financial year have been satisfactory and we expect our profits for the year ended 30 June 2011 to be broadly in line with market expectations. Our balance sheet remains strong.
The marketplace for our services remains challenging, with continuing pressure on margins, particularly in Ireland. However, we are experiencing some signs of improvement across our various businesses, and our operations overseas are performing well. We expect a further gradual improvement in market conditions in the coming months.
July 2011
This information is provided by RNS
The company news service from the London Stock Exchange
Follow the stocks
