RHL.L Regulatory News (RHL)

22 Feb 2007 07:01

Redhall Group PLC22 February 2007 For Immediate Release 22 February 2007 Redhall Group plc ("Redhall" or the "Group") AGM Statement Redhall Group plc, the specialist engineering support services group is todayholding its annual general meeting. David Jackson, Chairman and Chief Executivewill update shareholders on trading and performance as follows. "The first few months of the current financial year have been an importantperiod of progress in the development of the Group. We have successfullynegotiated and mobilised new contracts, our order book is at an all time high at£46m and the pipeline of near-term opportunities remains healthy. In addition wehave secured our first strategic acquisition. On 31 January, we announced the acquisition of Steels Engineering Services andSteels Engineering and Design, specialist contractors to the Atomic WeaponsEstablishment at Aldermaston and Burghfield. Integration is progressing welland the business has already been awarded two significant contracts sincecompletion with an aggregate value of £2.4m. The Group is trading in line with market expectations and with good visibilityof earnings, a strong order book and buoyant market for our engineeringservices, we remain confident in the Group's future. The Group's interim results for the period ending 31 March 2007 will beannounced on 7 June 2007." For more information please contact: Redhall Group plc Tel: +44 (0)1924 385 386David Jackson, Chairman and Chief ExecutiveSimon Foster, Deputy Chief Executive Buchanan Communications Tel: +44 (0)20 7466 5000Tim Anderson / Isabel Podda / James Strong This information is provided by RNS The company news service from the London Stock Exchange