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AGM Statement

26 Aug 2015 07:00

RNS Number : 0760X
Coral Products PLC
26 August 2015
 

26 August 2015

CORAL PRODUCTS PLC

("Coral" or the "Group")

 

AGM Statement

 

Joe Grimmond, Chairman of Coral, will provide the following statement at the Group's AGM later today:

 

"I am pleased to report that Coral has made a strong start to the current year and that trading is in line with market expectations.

 

"Since announcing our year end results in July, we have completed the integration of the assets recently acquired from Neiman Packaging Limited, transferring its operations to our wholly owned Haydock site. Demand for these products remains strong and we expect to increase production in our second quarter to meet this demand.

 

"The Group's focus on seeking new business in growth areas continues. With strong cash flows your board remains confident for the year ahead.

 

"Coral will announce its interim results for the six months ending 31 October 2015 in December."

 

 

 

Enquiries

 

Coral Products plc

Joe Grimmond, Executive Chairman

 

Tel: 07703 518 148

 

Nominated Adviser

Cairn Financial Advisers LLP

Tony Rawlinson / Avi Robinson

 

 

Tel: 020 7148 7900

Broker

Daniel Stewart & Company plc

David Lawman / David Coffman

 

 

Tel: 020 7776 6550

PR

Capital Markets Consultants Limited

Richard Pearson

Tel: 07515 587184

 

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