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Share Price Information for Coral Products (CRU)

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5.50    -0.25 (-4.35%)
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Spread: 1.00 (20.00%)
Market Cap: £4.89m
CRU Live PriceLast checked at - London Stock Exchange

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AGM Statement

28 Sep 2016 07:00

RNS Number : 0038L
Coral Products PLC
28 September 2016
 

CORAL PRODUCTS PLC

("Coral" or the "Group")

 

AGM Statement

 

Joe Grimmond, Chairman of Coral, will provide the following statement at the Group's AGM later today:

 

"I am pleased to announce that trading after the first 4 months of the current year is in line with management's expectations. Sales and Profits are both substantially ahead of same period for last year in spite of the negative impact of the significant fall in the value of sterling relative to the dollar and euro during this year.

 

Management is working diligently to mitigate these effects. One consequence of this fall is that it is likely to encourage the trend to import substitution creating greater opportunities for our UK manufacturing operations.

 

The recently merged tatra rotalac business is now fully operational and is poised for further improvement.

 

Order levels and cash flow are strong and in spite of prevailing uncertainties we remain confident for the year ahead.

 

Coral will announce its interim results for the six months ending 31 October 2015 in December."

 

 

 

Enquiries

 

Coral Products plc

Joe Grimmond, Chairman

 

Tel: 07703 518 148

 

Nominated Adviser

Cairn Financial Advisers LLP

Tony Rawlinson / Liam Murray

 

 

Tel: 020 7148 7900

Broker

Daniel Stewart & Company plc

David Lawman

 

 

Tel: 020 7776 6550

PR

Capital Markets Consultants Limited

Richard Pearson

Tel: 07515 587184

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMUBSNRNKAKUAR
Date   Source Headline
27th Aug 200910:51 amRNSInterim Management Statement
19th Aug 20092:45 pmRNSHolding(s) in Company
24th Jul 20099:22 amRNSAnnual Financial Report
6th Feb 200911:42 amRNSInterim Management Statement
9th Jan 200912:17 pmRNSHolding(s) in Company
9th Dec 200812:35 pmRNSReplacement - Half Yearly Report
5th Dec 20087:00 amRNSInterim Results
21st Nov 200811:30 amRNSAnnual Information Update
10th Sep 200812:06 pmRNSInterim Management Statement
31st Jul 200811:18 amRNSAnnual Report and Accounts
30th Apr 200810:06 amRNSInterim Management Statement
23rd Jan 200812:21 pmRNSDirector/PDMR Shareholding
7th Dec 200711:16 amRNSInterim Results
20th Nov 200710:47 amRNSAnnual Information Update
28th Sep 20072:37 pmRNSDirectorate Change
12th Sep 200712:36 pmRNSResult of EGM
28th Aug 20074:25 pmRNSFinal Results
24th Aug 200712:20 pmRNSNotice of EGM
24th Aug 200712:16 pmRNSCircular filed with FSA
14th Aug 200712:10 pmRNSDisposal
25th Jul 20076:23 pmRNSDirectorate Change
23rd Mar 20075:04 pmRNSTrading Statement
8th Dec 200612:10 pmRNSInterim Results
1st Dec 20062:35 pmRNSDirector/PDMR Shareholding
1st Dec 20062:30 pmRNSDirectorate Change
2nd Nov 20062:58 pmRNSDirector Disclosure
2nd Nov 200611:13 amRNSDirector/PDMR Shareholding
31st Oct 20065:29 pmRNSHolding(s) in Company
27th Oct 200610:20 amRNSDirectorate Change
5th Oct 200612:15 pmRNSHolding(s) in Company
29th Sep 20064:39 pmRNSHolding(s) in Company
29th Sep 20063:24 pmRNSAGM Statement
30th Aug 200610:58 amRNSAnnual Information Update
2nd Aug 20063:35 pmRNSChange of Adviser
7th Jul 20063:38 pmRNSFinal Results
20th Jun 20062:36 pmRNSDirectorate Change
9th Mar 200611:41 amRNSHolding in Company
3rd Mar 20062:20 pmRNSTrading Statement
22nd Feb 20064:38 pmRNSHolding in Company
3rd Feb 20064:41 pmRNSHoldings in Company
27th Jan 20061:02 pmRNSHolding(s) in Company
9th Dec 20057:00 amRNSInterim Results
12th Oct 20052:36 pmRNSAnnual Information Update
23rd Sep 200512:24 pmRNSResult of AGM
23rd Sep 200512:00 pmRNSAGM Statement
1st Sep 200512:16 pmRNSAnnual Report and Accounts
5th Jul 200512:50 pmRNSAdditional Listing
30th Jun 20054:46 pmRNSFinal Results
25th Feb 20054:28 pmRNSTrading update

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