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8 Jun 2011 07:00
AGM Statement 2011
At Severfield-Rowen Plc's Annual General Meeting today, Tom Haughey, Chief Executive Officer, will make the following statement:
The Company's trading position was updated on 18 May 2011, when it issued an Interim Management Statement. Little has changed in the short intervening period. The Company maintains its cautious view that a broad recovery of the UK market remains distant and the focus continues on a number of sectors where activity and opportunity are being sustained, notably in Industrial, Transportation, Waste to Energy and Commercial Offices. The Company remains optimistic about prospects and development potential for its joint venture in India.
Jonathan Rhodes has been appointed Company Secretary and attends his first Board meeting today.
On behalf of the Board, I would like to thank all of our employees who continue, through challenging times, to make outstanding contributions to the Company's performance. We also thank our shareholders and supply chain partners for their continued support.
For further information, please contact:
Severfield-Rowen Plc Toby Hayward 01845 577896
Chairman
Tom Haughey 01845 577896
Chief Executive Officer
Alan Dunsmore 01845 577896
Finance Director
RBS Hoare Govett Ltd John MacGowan 020 7678 8000
Stephen Bowler 020 7678 8000
Pelham Bell Pottinger Archie Berens 020 7861 3112
Zoe Sanders 020 7861 3887
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