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Share Price Information for Cropper (J) (CRPR)

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365.00    20.00 (5.80%)
Bid:
350.00
Ask:
380.00
Spread: 30.00 (8.571%)
Market Cap: £34.88m
CRPR Live PriceLast checked at - London Stock Exchange

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Trading Statement

24 Apr 2009 07:00

RNS Number : 0877R
Cropper(James) PLC
24 April 2009
Β 

James Cropper PLC

Trading UpdateΒ - Year ended 28 March 2009

STATEMENT BY THE CHAIRMAN, J A CROPPER

I am pleased to report thatΒ in the second half of the financial yearΒ Technical Fibre ProductsΒ Limited traded strongly and thatΒ James Cropper Speciality PapersΒ Limited made significant progress in reducing its first half losses.Β In addition, the full year IFRS pension adjustment charge relating to the Group's defined benefit pension schemesΒ wasΒ less than anticipated.Β 

Therefore, although audit clearance is yet to be given, it should be anticipated that barring any unforeseen circumstances, the Group Profit before Tax for the year toΒ 28Β March 2009Β will not be less than Β£0.7Β million.Β This result would be above current market expectation.

The Group's Preliminary Results for the year toΒ 28Β March 2009Β will be announced on TuesdayΒ 23Β June 2009.

Enquiries:

John Denman

Group Finance Director

Andrew Kitchingman

Managing Director, Corporate Finance

James Cropper PLC

Brewin Dolphin Investment Banking

Tel: 01539 722002Β 

Tel: 0845 270 8610

www.cropper.com

This information is provided by RNS
The company news service from the London Stock Exchange
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