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Pin to quick picksCropper (J) Regulatory News (CRPR)

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 Update

11 Apr 2016 07:00

RNS Number : 6979U
Cropper(James) PLC
11 April 2016
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11 April 2016

James Cropper plc ("James Cropper" or the "Company")

Trading materially ahead of expectations

The Board of James Cropper PLC is pleased to issue a positive trading update for the 53 weeks to 2 April 2016.

During the calendar year 2015, James Cropper and notably the Technical Fibre Products division experienced healthy sales growth. This trend has continued in the first calendar quarter of 2016.

The financial impact of the events of late last year as announced on 15 December has yet to be fully quantified but the board is confident that insurance and other mitigating factors will compensate for any adverse financial impact including business interruption. A fuller update will be available by the time that the Company reports its full year results in June 2016. The board is confident that, even before recent favourable FX movements, the Company's full year results will materially exceed market expectations. The outlook for the financial year just starting is encouraging.

For further enquiries please contact:

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James Cropper plc (AIM: CRPR)

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01539 722 002

Phil Wild, Group Chief Executive

Isabelle Maddock, Group Finance Director

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www.cropper.com

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Stockdale Securities Limited

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Robert Finlay

Richard Johnson

David Coaten

www.stockdalesecurities.com

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020 7601 6100

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