Mpac Group Plc Regulatory News (MPAC)

30 Jun 2005 07:01

Molins PLC30 June 2005 30 JUNE 2005 FOR RELEASE AT 07.00 MOLINS PLC Pre-close trading update Molins PLC, the international specialist engineering company, issues thefollowing trading update ahead of its interim results announcement in September2005. Trading conditions across the Group continue to be broadly in line with ourexpectations as expressed at the AGM in April. Order intake in the Tobacco Machinery division remains ahead of last year forspares and service, but intake for original equipment and rebuilds remain weak.The division continues to implement its restructuring programme. Theperformance of the Packaging Machinery division is expected to be maintained atsimilar levels to last year, with a particularly strong second half weighting.The performance of the Scientific Services division remains ahead of last year,as expected. The Company also separately announced today the impact of InternationalFinancial Reporting Standards on the Group and published a restatement of the2004 results with reconciliations between UK GAAP and IFRS. Enquiries: Molins PLC David Cowen, Group Finance Director Tel: 01908 219000 Citigate Dewe Rogerson Margaret George Tel: 020 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange