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Last checked at 
17 Oct 2008 11:01
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MOLINS PLCΒ
Interim Management Statement
This statement is issued in accordance with the requirements of the Disclosure and Transparency Rules and relates to the period fromΒ 1 July 2008Β to date.Β
SalesΒ in the nine monthsΒ toΒ 30 September 2008Β wereΒ marginallyΒ ahead of theΒ equivalent period lastΒ year,Β howeverΒ profits continue to beΒ lower in both theΒ Packaging and Tobacco Machinery divisions. Overall,Β the Scientific Services divisionΒ hasΒ continuedΒ to performΒ ahead of last year andΒ in accordance with expectations.
Despite the deteriorating economic conditions, the Group still expects to produce a much stronger second half of the year than first half, butΒ underlying performance is unlikely to reach the levels of last year.Β
The financial position of the Group is broadly comparable with thatΒ atΒ 30Β JuneΒ 2008.Β Β
The relevant planning authority hasΒ nowΒ recommended that planning consent be givenΒ in respect ofΒ the prospective developmentΒ of the Company's site at Saunderton, subject to formal agreement of terms. e-shelter facility services GmbHΒ has untilΒ 18 December 2008Β to exercise its option to purchase the site.
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Enquiries: MolinsΒ PLC |
Issued by: Citigate Dewe Rogerson |
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Tel: 01908 219000 Dick Hunter, Chief Executive David Cowen, Group Finance Director |
Tel: 020 7638 9571 Angharad Couch |
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