Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCSG.L Regulatory News (CSG)

  • There is currently no data for CSG

AGM Statement

11 Sep 2015 07:00

RNS Number : 7564Y
Sweett Group PLC
11 September 2015
 

11 September 2015

Sweett Group plc

("Sweett Group", the "Company" or "the Group")

AGM Statement

At the Company's Annual General Meeting to be held at 10.00 today, John Dodds, Chairman of Sweett Group (AIM:CSG.L), a global provider of professional services for the construction and management of building and infrastructure projects, will make the following statement:

"It is almost exactly a year since I became Chairman and the business has made good progress in that period with a revised strategy and a new CEO, Douglas McCormick, who was appointed in March 2015. Douglas has injected a high level of energy into the business and is proactively moving the Company forward whilst addressing past issues. I am pleased with the appointment of Douglas and with the progress being made.

"Following the review of strategy undertaken by the Board, the key output was to focus on improving the Group's profitability and cash flow and reduce debt through the sale of our APAC and India businesses, which is ongoing. An update on this process will be made when appropriate.

 "The SFO's investigation into matters in the Middle East is also ongoing and we are co-operating fully.

 "Year to date, trading has been sound and we were delighted to have been appointed by Westfield for two major private rental sector residential schemes at Westfield Shepherd's Bush and Stratford; to be working for Illumina on its biomed project; and on a number of industrial projects on behalf of Jaguar Land Rover. The Board expects results for the full year to be in line with market expectations."

 

ENDS

 

For further information, call:

Sweett Group plc:

+44 (0)20 7061 9000

Douglas McCormick, Chief Executive Officer

 

Patrick Sinclair, Chief Financial Officer

 

 

 

Westhouse Securities Limited:

+44 (0)20 7601 6100

Tom Griffiths

 

 

 

Camarco

+44 (0)20 3757 4980

Billy Clegg

 

Georgia Mann

 

 

About Sweett Group

Sweett Group is a global provider of professional services for the construction and management of building and infrastructure projects.

 

We have an integrated network of 58 offices in 18 countries across five continents offering cost consulting and project management. Our service supports clients through every stage of the project life cycle based upon our international expertise and local knowledge. Our strength is our people's world-class talent and expertise through which, we have time and again delivered exceptional results. The strategy builds on these key strengths.

 

A modern, progressive company, Sweett Group sets itself apart through people, culture and aptitude to change. By collaborative practices and innovative thinking - supported at all levels - our clients receive an offering that is constantly evolving and improving in response to project needs.

www.sweettgroup.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMFBLLFEKFBBBD
Date   Source Headline
20th Jun 201310:23 amRNSAward of shares under the Share Incentive Plan
17th May 20136:03 pmRNSAward of shares under the Share Incentive Plan
9th May 20133:08 pmRNSResults of General Meeting
8th May 20137:00 amRNSOpening of Boston Office
2nd May 20137:00 amRNSStrengthening of European Management Team
23rd Apr 20135:30 pmRNSAward of shares under the SIP - Replacement
23rd Apr 20137:00 amRNSAward of shares under the Share Incentive Plan
23rd Apr 20137:00 amRNSHolding(s) in Company
22nd Apr 20137:00 amRNSTrading Update
17th Apr 20137:00 amRNSDIRECTOR DEALING
10th Apr 20137:00 amRNSPosting of Circular and Notice of General Meeting
9th Apr 20131:19 pmRNSDIRECTOR DEALING
8th Apr 20137:00 amRNSAustralian Project Management Appointment
2nd Apr 20137:00 amRNSDiversifies and Strengthens Team in Asia
22nd Mar 201310:59 amRNSAward of shares under the Share Incentive Plan
21st Mar 20131:57 pmRNSRequisition of General Meeting
20th Mar 20138:11 amRNSSupporting growing Middle East aviation market
11th Mar 20137:00 amRNSSweett Group regional business updates
8th Mar 20137:00 amRNSDirectorate changes
26th Feb 20131:30 pmRNSSale of interest in PFI project
20th Feb 20133:40 pmRNSAward of shares under the Share Incentive Plan
20th Feb 20137:00 amRNSOrder book update
28th Jan 20137:00 amRNSSupports changes to health service provision
21st Jan 20135:05 pmRNSAward of shares under the Share Incentive Plan
21st Jan 20137:00 amRNSSweett Group strengthens infrastructure team
24th Dec 20129:32 amRNSAward of shares under the Share Incentive Plan
13th Dec 20127:00 amRNSDirector/PDMR Shareholding
10th Dec 20127:00 amRNSSweett Group secures TfL consultancy appointment
28th Nov 20127:00 amRNSSweett signs North American alliance agreement
23rd Nov 20127:00 amRNSInterim Results
20th Nov 201210:00 amRNSAward of shares under the Share Incentive Plan
12th Nov 20127:00 amRNSSweett Group strengthens foothold in Saudi Arabia
5th Nov 20127:00 amRNSSupports Development Bank of Singapore HQ fit out
31st Oct 201210:59 amRNSAward of shares under the Share Incentive Plan
22nd Oct 20127:00 amRNSSecures commission on Hong Kong hospital project
19th Oct 20127:00 amRNSSabbatical and notice of results
12th Oct 201211:20 amRNSGrant of Options
2nd Oct 201211:00 amRNSHolding(s) in Company
2nd Oct 20127:00 amRNSWorks on Emergency Department in Lewisham
26th Sep 201212:15 pmRNSResult of AGM
26th Sep 20127:00 amRNSAGM Statement
24th Sep 20124:24 pmRNSAward of shares under the Share Incentive Plan
19th Sep 20127:00 amRNSSale of interest in Plymouth Lift project
7th Sep 20127:00 amRNSAppointed on Major Trauma Hospital in Sharjah
5th Sep 20127:00 amRNSIssue of Equity & Director Dealing
3rd Sep 20127:00 amRNSPreliminary Results
20th Aug 20123:21 pmRNSAward of shares under the Share Incentive Plan
17th Aug 20127:00 amRNSEnergy Sector Framework Appointments
6th Aug 20127:00 amRNSNotification of Results
6th Aug 20127:00 amRNSStrengthens UK project management team

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.