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Interim Management Statement

25 Jul 2013 15:00

RNS Number : 1775K
Titon Holdings PLC
25 July 2013
 



 

 

Titon Holdings Plc (the "Company" or the "Group")

Interim Management Statement

 

Titon, the UK based ventilation and hardware manufacturer, today releases its Interim Management Statement in respect of the period 1 April 2013 to 30 June 2013, as required by the UK Listing Authority's Disclosure and Transparency rules.

 

Group turnover for the 3 month period is 17% higher than in the corresponding period last year due largely to strong performance from our South Korean subsidiary where sales volumes have more than doubled.

 

By contrast, market conditions within our key UK markets remain difficult with reduced levels of affordable housing programmes and with a lack of consumer confidence impacting upon domestic window and door replacement. UK sales for the period were unchanged on the corresponding period of 2012.

 

The reductions in our cost base that were made last year helped us to return the Group to profit in the first half year and we are pleased that this trend has continued in the third Quarter.

 

Cash balances at the end of June 2013 were £1.7 million (June 2012: £1.7 million).

 

 

25 July 2013

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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IMSBXGDRXUDBGXU
Date   Source Headline
24th Aug 20077:00 amRNSTrading Statement
16th Jul 200712:36 pmRNSDirector/PDMR Shareholding
10th May 20077:01 amRNSInterim Results
2nd Mar 20071:00 pmRNSHolding(s) in Company
26th Feb 20074:30 pmRNSVoting on Resolutions
14th Dec 20062:00 pmRNSTotal Voting Rights
7th Dec 20067:01 amRNSPreliminary Announcement 2006
10th Nov 200610:27 amRNSNotice of Results
22nd Sep 20069:15 amRNSDirector/PDMR Shareholding
6th Jun 20063:54 pmRNSDirector/PDMR Shareholding
18th May 20062:46 pmRNSDirector/PDMR Shareholding
11th May 20067:01 amRNS6m results to 31 March 2006
8th Dec 20057:01 amRNSPreliminary Results 30/09/05
27th May 200511:55 amRNSHolding(s) in Company
26th May 200511:42 amRNSSAR 3 - (Titon Holdings PLC)
12th May 20057:00 amRNSInterim Results at 31/03/05
23rd Feb 20051:53 pmRNSDirector Shareholding
4th Feb 20057:00 amRNSDirectorate Change
6th Jan 200512:45 pmRNSHolding(s) in Company

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