Gooch & Housego Regulatory News (GHH)

4 Oct 2007 07:01

Gooch & Housego PLC04 October 2007 For immediate release 4 October 2007 Gooch & Housego PLC (The "Company") Full Year Trading Update Gooch and Housego PLC, the specialist manufacturer of optical components andsystems, today announces a trading up-date for the year to 30 September 2007. While market conditions in the second half of the year were more variable thatthey were in the first half, we have nevertheless experienced encouraging growthin certain sectors and this has translated into strong performances by severalof our operational units. As a result, trading for the full year is slightlyahead of market expectations. SIFAM Fibre Optics Limited has made a positive contribution to overallperformance since the acquisition was completed in May 2007, and the company isalready becoming integral to our plans to develop future products and markets. Significant progress has been made on the construction of our new facility inIlminster, which remains on target for completion by the end of the calendaryear. The senior management team has been strengthened in the last few months with theappointment of a Vice President, Sales, and the influx of experience from SIFAM.We are now well-advanced with the establishment of a global sales and marketingorganisation, which is an intrinsic part of our group-wide reorganisations. For further information please contact: Gareth Jones, Chief Executive Officer, 01460 52271 Tim Thompson or Nicola Cronk, Buchanan Communications, 020 7466 5000 Andrew Edwards, Oriel Securities, 020 7710 7600 This information is provided by RNS The company news service from the London Stock Exchange