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19 Jul 2016 07:00
19 July 2016
Scapa Group plc
AGM Statement
Scapa Group plc (AIM: SCPA), a leading global manufacturer of bonding products and adhesive components for applications in the healthcare and industrial markets, is today issuing the following statement in respect of the quarter ended 30 June 2016 ahead of its Annual General Meeting to be held at 10:30am today.
The Group's trading performance for the first quarter is in line with the Board's expectations, with both Healthcare and Industrial performing as anticipated. In the light of the recent EU referendum and sterling weakness, the Group does not anticipate any material negative effect as less than 10% of revenue is sold into the UK market and less than 10% of sales are in sterling.
Scapa is well positioned to make further progress this year and the Board remains confident about the Group's outlook.
For further information:
Scapa Group plc Heejae Chae - Chief Executive Graham Hardcastle - Finance Director
|
0161 301 7430 |
Numis Securities Limited (Nominated Adviser and Joint Broker) Richard Thomas/Mark Lander | 020 7260 1000 |
Berenberg (Joint Broker) Chris Bowman
Weber Shandwick Nick Oborne |
020 3207 7800
020 7067 0721 |
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