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 picksECM.L Regulatory News (ECM)

  • There is currently no data for ECM

Trading Statement

7 Apr 2010 07:00

RNS Number : 7862J
Electrocomponents PLC
07 April 2010
 



ELECTROCOMPONENTS PLC

Trading update: Year ended 31 March 2010

 

Electrocomponents plc, the leading international high service distributor, has today issued a trading update for the year ended 31 March 2010.

 

Since the Group's Interim Management Statement on 5 February 2010 sales growth rates have increased further in both February and March. As a result we anticipate that headline profit before tax for the full year to 31 March 2010 will be above expectations and around £73m.

 

In the quarter ended 31 March 2010 Group sales grew by around 15% with the International business growing by around 19% and the UK by around 9%. Within the International business Europe sales grew by around 12%, North America by around 28% and Asia Pacific by around 26%. Group e-Commerce revenue grew by around 33%.

 

Ian Mason, Group Chief Executive, commented:"I am pleased to report that the Group's sales growth has increased throughout the final

quarter of the year with sales growing by around 15%.

 

We are continuing to strengthen our electronics, maintenance and e-Commerce offers ensuring that we are well positioned to take advantage of the opportunities in our markets".

 

 

Enquiries:

 

Ian Mason

Group Chief Executive

01865 204000

Simon Boddie

Group Finance Director

01865 204000

John Sunnucks / David Allchurch

Tulchan Communications

020 73534200

 

Notes:

All revenue growth rates are adjusted for trading days and foreign exchange rate movements.

 

 

There will be a telephone conference call today at 08.00h for analysts and investors with replay access to Friday 16 April 2010. Dial in instructions are set out below.

 

Electrocomponents plc - Conference Call Dial in Instructions

Date:

Wednesday 7 April 2010

UK Time:

From 07:50h for 08:00h call

Telephone number:

+44 (0) 1452 555 566

Conference ID:

66774143

Chairman:

Ian Mason

Electrocomponents plc - Replay Dial in Instructions

(available until Friday 16 April 2010)

Replay Telephone number:

+44 (0) 1452 55 00 00

Conference Access Number:

66774143#

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTLLFFRSIIRIII
Date   Source Headline
7th Oct 201310:48 amRNSHolding(s) in Company
2nd Oct 20137:00 amRNSTrading Statement
1st Oct 201310:02 amRNSTotal Voting Rights
11th Sep 20132:13 pmRNSNotice of Trading Update
3rd Sep 20132:18 pmRNSDirector/PDMR Shareholding
14th Aug 20139:28 amRNSAdditional Listing
1st Aug 20139:00 amRNSTotal Voting Rights
1st Aug 20139:00 amRNSBlocklisting Interim Review
18th Jul 201310:23 amRNSDirector/PDMR Shareholding
17th Jul 20131:19 pmRNSResult of AGM
17th Jul 20137:00 amRNSInterim Management Statement
9th Jul 201310:18 amRNSDirector/PDMR Shareholding
3rd Jul 20132:43 pmRNSDirector/PDMR Shareholding
1st Jul 201310:20 amRNSTotal Voting Rights
24th Jun 201312:09 pmRNSDirector/PDMR Shareholding
24th Jun 201311:30 amRNSNotice of IMS
12th Jun 20134:37 pmRNSAnnual Financial Report
3rd Jun 201312:56 pmRNSTotal Voting Rights
31st May 20132:56 pmRNSDirector/PDMR Shareholding
23rd May 20137:00 amRNSFinal Results
16th May 20139:02 amRNSAdditional Listing
1st May 201311:46 amRNSTotal Voting Rights
2nd Apr 20139:00 amRNSTotal Voting Rights
28th Mar 20137:00 amRNSTrading Statement
18th Mar 20131:59 pmRNSDirector/PDMR Shareholding
13th Mar 20139:04 amRNSDirector/PDMR Shareholding
4th Mar 20131:55 pmRNSNotice of pre-close Trading Update
28th Feb 20131:56 pmRNSTotal Voting Rights
20th Feb 20137:00 amRNSInvestor briefing
12th Feb 201311:10 amRNSHolding(s) in Company
1st Feb 20131:45 pmRNSBlocklisting Interim Review
1st Feb 20131:45 pmRNSTotal Voting Rights
1st Feb 20137:00 amRNSInterim Management Statement
10th Jan 201310:36 amRNSNotice of IMS
3rd Jan 20131:34 pmRNSTotal Voting Rights
13th Dec 20127:00 amRNSDirector Declaration
13th Dec 20127:00 amRNSDirectorate Change
3rd Dec 20125:02 pmRNSTotal Voting Rights
8th Nov 20127:00 amRNSH1 FY13 Half-Yearly Financial Report
7th Nov 201210:58 amRNSHolding(s) in Company
1st Nov 201211:11 amRNSStatement re Chairman
31st Oct 20123:24 pmRNSTotal Voting Rights
1st Oct 201211:26 amRNSTotal Voting Rights
28th Sep 20127:00 amRNSTrading Statement
24th Sep 201210:50 amRNSHolding(s) in Company
24th Sep 20127:30 amRNSDirector Declaration
24th Sep 20127:00 amRNSNotice of Trading Update
1st Aug 201212:03 pmRNSAdditional Listing
1st Aug 201210:39 amRNSBlocklisting Interim Review
13th Jul 20121:32 pmRNSResult of AGM

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.