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25 Sep 2008 07:00
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25Β SeptemberΒ 2008 |
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Superglass Holdings PLC
Pre-CloseΒ Trading Statement
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Superglass Holdings PLC ("the Company" or "Superglass") one of the UK's leading manufacturers of glass mineral fibre insulation products,Β issues its pre-close trading statement ahead of itsΒ preliminaryΒ results for theΒ year ended 31Β AugustΒ 2008, which are due to be announced onΒ 25Β NovemberΒ 2008.
WeΒ can confirmΒ that trading conditions in theΒ UKΒ haveΒ remainedΒ at similar levels to thoseΒ weΒ reportedΒ at the time of the Interim Management Statement, which we issued on 1 July.
The directors expect thatΒ profit for the year ended 31 August 2008Β willΒ be in line withΒ currentΒ market expectations.
Going forward, economic conditions are more uncertain, and the directors have budgeted for the new financial year with some requisite caution. At this time the directors cannot be certain that current market expectations for the year ending 31 August 2009 will be achieved.
For further information, please contact:
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Superglass Holdings PLC
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01786 451 170
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John Smellie, Chief Executive
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Brewin Dolphin Investment Banking
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0845 270 8610
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Andrew Kitchingman / Sean Wyndham-Quin
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Buchanan Communications
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0207 466 5000
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Diane Stewart / Tim Anderson / Carrie Clement
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