AGM Statement

15 Nov 2007 07:03

Eleco PLC15 November 2007 For Immediate Release 15 November 2007 ELECO PLC ('Eleco' or the 'Company') Annual General Meeting Statement Eleco plc, ( ELCO.L), the building systems and software group, wishes to updatethe market on current trading and prospects ahead of its Annual General Meetingwhich will be held at 12.00 noon today. Updating shareholders on current trading, John Ketteley, Executive Chairman ofEleco, said: "I am pleased to report that turnover and profit of both our building systemsand software businesses were substantially higher in the first quarter than thesame period last year and that we continue to experience strong demand for ourproducts. "The outlook for the majority of our business remains buoyant, as evidenced by asignificantly higher order book for our offsite construction products, strongdemand for our software and by our strong financial position and cashgeneration. We therefore look forward with confidence to meeting the challengeof the year ahead." For further information please contact: Eleco plc Tel: 01920 443 830John Ketteley, Executive Chairman http://www.eleco.com john.ketteley@eleco.comDavid Dannhauser, Finance Director david.dannhauser@eleco.com Collins Stewart Europe Limited 020 7523 8350Nick Ellis / Philip Roe Buchanan Communications 020 7466 5000Tim Anderson / Isabel Podda This information is provided by RNS The company news service from the London Stock Exchange