23 Jul 2009 12:05
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2009/10Β First quarter update
Executive Chairman, Michael Bell will today tell the annual shareholders' meeting of MS INTERNATIONAL plc that little has changed in terms of trading since the time of his Chairman's Statement last month.
In line with our expectations, 'Defence' continues to prosperΒ with good order intake and heightened potential opportunities.
There areΒ someΒ tentative signs ofΒ stabilisation in the level ofΒ demand in markets served byΒ 'Industrial Engineering',Β albeit it atΒ depressedΒ levels.Β
The balance sheet remains strong with net cash and short term deposits
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