29 Jul 2014 14:00
Titon Holdings Plc ("Titon" 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 1st April 2014 to 30th June 2014, as required by the UK Listing Authority's Disclosure and Transparency rules.
The revenue growth experienced during the 1st Half Year has continued into the 3rd Quarter, with overall Group sales for the three months to 30th June 2014 up by 21.4% on the corresponding period of 2013.
Stronger demand in the UK market has led to sales being up by 18% in the period, whilst sales in the rest of the world are ahead by 27%.
Cash balances at the end of June 2014 were £1.8 million (June 2013: £1.7 million).
29 July 2014
Titon (TON)