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Trading Update

22 Jul 2016 07:00

RNS Number : 9285E
Uvenco UK plc
22 July 2016
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Uvenco UK plc ("the Company")

22 July 2016

Trading Update

Further to the Company's trading update on 25 April 2016 the Company is providing the following update. Costs that had previously been categorised as exceptional items and stricter accounting policy interpretations may now increase expected overhead expenditure. Whilst this will impact EBITDA for the year ended 31 March 2016, the results are expected to remain considerably ahead of FY15.

For the current financial year EBITDA improvement has continued over the first quarter.

The audit process is progressing and the Company expects to announce its audited final results for the year ended 31 March 2016 towards the end of September 2016 when a further update on trading will be provided.

This announcement contains inside information.

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For Enquiries:-

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Sergei Kornienko, Chief Executive Uvenco UK plc 0208 879 8300

Peter Goodman, CFO Designate

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Tom Griffiths Stockdale Securities Ltd 0207 601 6100

Richard Johnson

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This information is provided by RNS
The company news service from the London Stock Exchange
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