AGM/Interim Management Stmt

9 Apr 2008 07:00

Porvair PLC09 April 2008 For immediate release 9 April 2008 Porvair plc ("Porvair" or "The Group") AGM and Interim Management Statement Porvair, the specialist filtration and environmental technologies group, willtoday make the following Interim Management Statement covering the period from 1 December 2007 to date at its Annual General Meeting: "Porvair has had an encouraging start to its financial year and is trading in line with management's expectations. The Group achieved record sales in the month of February and current order books throughout the Group are healthy. Significant investments in the Microfiltration division have been completed ontime and to budget with new manufacturing facilities opened and the acquisitionof Toolturn Engineering completed in March. These investments will support thegrowth we expect to see in the next few years in the aviation, gasification andnuclear filtration markets. The Metals Filtration division, supported by international account wins andexport demand, is performing well. Sales of specialist nickel-cobalt filters aregrowing rapidly in line with expectations and commercial sales of our newaluminium filters have started. Specifications for a highly innovative energystorage component have been approved and an initial supply agreement has beensigned with the customer. Sales of this key growth project should start later inthe year." The Company will be announcing its interim results for the six months ending 31 May 2008 on Tuesday 24 June 2008. For further information, please contact: Porvair plc 01553 765 500Ben Stocks, Chief ExecutiveChris Tyler, Group Finance Director Buchanan Communications 0207 466 5000Charles Ryland / Susanna Gale This information is provided by RNS The company news service from the London Stock Exchange