Elecosoft Regulatory News (ELCO)

16 Nov 2005 07:00

Eleco PLC16 November 2005 For Release 7.00am 16 November 2005 ELECO PLC The Building Systems and Construction Software Group AGM STATEMENT Enquiries to: John Ketteley, Executive Tel: 01920 443 830 Chairman Eleco plc David Dannhauser, Finance Tel: 01920 443 830 Director Eleco plc Tarquin Edwards/Chris Steele Tel: 020 7786 9600 Binns & Co PR tarquin.edwards@binnspr.co.uk chris.steele@binnspr.co.uk "First four months profit significantly ahead despite market uncertainties" At Eleco plc's Annual General Meeting which is to be held today (16 November2005) at The London Capital Club, Abchurch Lane, London EC4 at 12:00 noon,Executive Chairman John Ketteley will make the following statement: "I commented in my Chairman's statement in the Annual Report that the outlook inour UK markets was more uncertain than it had been for some time and there weresigns that demand may be weakening in some sectors of the construction industry.Nevertheless, the Group had made a good start to the year. I can now report that profits before tax for the first four months of the yearare significantly higher than the corresponding period last year, which had beensomewhat affected by disruption to Bell & Webster's pre-cast concreteoperations". ENDS This information is provided by RNS The company news service from the London Stock Exchange