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29 Sep 2011 12:00
29 September 2011
HAVELOCK EUROPA PLC
("Havelock" or the "Company")
AGM Statement
Malcolm Gourlay, the Chairman of Havelock Europa (HVE.L), the retail and educational interiors and point of sale printing group, made the following statement at the Annual General Meeting on 29 September 2011.
The trading environment continues to be challenging and competitive. There are recent indications of a further tightening of conditions in the retail sector with continued price pressure and the decision timescales on certain retail projects being extended. However, we continue to see opportunities to increase the Group's workload for next year, particularly in the educational sector.
Cash and cost control both continue to be important and we believe there are opportunities for further improvement in both areas.
Enquiries
Havelock Europa | 01383 820044 |
Eric Prescott, Chief Executive Grant Findlay, Finance Director
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Investec James Grace Keith Anderson
| 020 7597 4000
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Cardew Group | 020 7930 0777 |
Rob Ballantyne
Shan Shan Willenbrock
Sophie Leigh Pemberton
www.havelockeuropa.com
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