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 picksFenner PLC Regulatory News (FENR)

  • There is currently no data for FENR

Pre-close Trading Statement

10 Sep 2013 07:00

RNS Number : 5680N
Fenner PLC
10 September 2013
 



10 September 2013

 

Fenner PLC

("Fenner" or "the Group")

 

Pre-close trading statement

 

Following a successful end to its financial year, Fenner anticipates that its financial results for the year ended 31 August 2013 will be in line with expectations.

 

The Group's balance sheet remains strong. Net debt at 31 August 2013 was better than expected at approximately £125m, having benefitted from the timing of payment of capital expenditure, reduction in working capital and exchange rate movements.

 

Trading conditions across the Group have remained broadly unchanged since the interim management statement on 18 July 2013, and the Group continues to anticipate a return to growth in its 2013/4 financial year.

 

The Group expects to release its results for the full year on 13 November 2013.

 

- Ends -

 

For further information please contact:

Fenner PLC

01482 626501

Nick Hobson, Chief Executive

Richard Perry, Finance Director

Weber Shandwick Financial

020 7067 0700

Nick Oborne / Stephanie Badjonat

 

 

Notes to editors:

 

Fenner PLC is a leading global provider of local, engineered solutions for performance critical applications. The group operates through two divisions:

 

Engineered Conveyor Solutions. The ECS division, trading under the Fenner Dunlop, Fenner and Dunlop brand names, is a recognised leader in the global conveying market. The division offers a unique, comprehensive suite of products and services, which cover the conveying needs of mining, power generation and bulk handling markets.

 

Advanced Engineered Products. The AEP division excels at solving customers' most challenging application problems. Drawing from an unprecedented array of polymer, elastomer and textile technologies, the division routinely develops innovative performance- critical components for OEM customers in markets from underground oil exploration/mining to satellites/aircraft, speciality off-road vehicles to implantable medical devices, and from bank note dispensers to wind turbines. The Division's trading names are recognised globally and include Hallite, CDI Energy Products, EGC Critical Components, FAST, Fenner Precision, Fenner Drives, James Dawson, Secant Medical and Xeridiem.

 

Certain statements contained in this announcement constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Fenner, or industry results, to be materially different from any results, performance or achievements expressed or implied by such statements. Such risks, uncertainties and other factors include, among others, growth in the commodity markets, general economic conditions and the business environment.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTZMGGLVLVGFZM
Date   Source Headline
28th Oct 20154:16 pmRNSHolding(s) in Company
22nd Oct 20159:41 amRNSHolding(s) in Company
19th Oct 20152:36 pmRNSHolding(s) in Company
7th Oct 20159:20 amRNSHolding(s) in Company
10th Sep 20153:34 pmRNSHolding(s) in Company
10th Sep 201511:49 amRNSHolding(s) in Company - Amendment
9th Sep 20154:02 pmRNSHolding(s) in Company
9th Sep 20151:24 pmRNSHolding(s) in Company
8th Sep 20157:00 amRNSPre-Close Trading Statement
4th Sep 20153:06 pmRNSHolding(s) in Company
2nd Sep 20151:13 pmRNSHolding(s) in Company
2nd Sep 20159:34 amRNSBlocklisting Interim Review
24th Jul 201511:11 amRNSHolding(s) in Company
22nd Jul 20157:00 amRNSTrading Update
6th Jul 201510:16 amRNSHolding(s) in Company
17th Jun 20154:39 pmRNSHolding(s) in Company
28th Apr 201511:09 amRNSHolding(s) in Company
22nd Apr 20157:00 amRNSHalf Yearly Report
20th Apr 20153:53 pmRNSHolding(s) in Company
10th Apr 20152:21 pmRNSHolding(s) in Company
8th Apr 20152:37 pmRNSHolding(s) in Company
2nd Apr 20159:37 amRNSHolding(s) in Company
25th Mar 20154:07 pmRNSHolding(s) in Company
20th Mar 20158:46 amRNSHolding(s) in Company
19th Mar 20151:31 pmRNSHolding(s) in Company
12th Mar 20157:00 amRNSPre-Close Trading Statement
2nd Mar 201511:23 amRNSBlocklisting Interim Review
2nd Feb 20157:00 amRNSAcquisition
30th Jan 20153:54 pmRNSDirector/PDMR Shareholding
29th Jan 20151:24 pmRNSDirector/PDMR Shareholding
21st Jan 201511:10 amRNSDirectorate Change
21st Jan 201511:08 amRNSDirector Declaration
15th Jan 201512:09 pmRNSResult of AGM
14th Jan 20157:00 amRNSAGM Trading Update
1st Dec 201411:44 amRNSDirector/PDMR Shareholding
21st Nov 20141:03 pmRNSDirector/PDMR Shareholding
21st Nov 201411:36 amRNSDirector/PDMR Shareholding
21st Nov 201411:27 amRNSDirector/PDMR Shareholding
20th Nov 20143:34 pmRNSDirector/PDMR Shareholding
18th Nov 201410:46 amRNSDirector/PDMR Shareholding
12th Nov 201410:01 amRNSDirector/PDMR Shareholding
11th Nov 20147:00 amRNSFinal Results
6th Nov 201410:03 amRNSHolding(s) in Company
5th Nov 20142:38 pmRNSHolding(s) in Company
23rd Sep 20149:26 amRNSHolding(s) in Company
9th Sep 20147:00 amRNSPre-Close Trading Statement
2nd Sep 20144:04 pmRNSTotal Voting Rights
2nd Sep 20142:57 pmRNSDirector/PDMR Shareholding
2nd Sep 20142:44 pmRNSBlocklisting Interim Review
27th Aug 20149:38 amRNSHolding(s) in Company

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.