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Pre-Close Trading Statement

10 Mar 2016 07:00

RNS Number : 6066R
Fenner PLC
10 March 2016
 

10 March 2016

Fenner PLC("Fenner" or "the Group")

Pre-Close Trading Statement

Fenner confirms that trading performance in the first half of the financial year has remained in line with the expectations included in the AGM trading update issued on 13 January 2016, notwithstanding that end markets continue to be challenging, most notably oil & gas where the North American rig count has reduced further.

Net debt at 29 February 2016 was approximately £156m (28 February 2015: £177m at constant exchange rates).

The Group expects to release its Half Yearly Report on 27 April 2016.

ENDS

For further information please contact:

Fenner PLC

Mark Abrahams, Executive ChairmanJohn Pratt, Group Finance Director

01482 62650001482 626500

Weber Shandwick Financial

Nick Oborne / Tom Jenkins

020 7067 0700

Notes to editors:

Fenner PLC is a world leader in reinforced polymer technology, providing local engineered solutions for performance‐critical applications.

 

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