17 Oct 2008 07:00
Tricorn Group plc
Trading Update
Tricorn Group plc, the AIM listed developer and manufacturer of pipe solutions, today issues a trading update in advance of its interim results announcement for the six months ended 30 September 2008 which are due to be published on 12 December 2008.
Malvern Tubular Components has seen record levels of demand through the first half and this has more than offset the weaker market conditions that Redman Fittings has experienced.
At Maxpower Automotive sales have been slightly ahead of expectations and we continue to see a firm and growing order book at RMDG Aerospace.
Overall Tricorn continues to build on a strong performance in 2007/8 and expects half-year results to be in line with or ahead of the corresponding previous period and in line with market expectations for the full financial year.
Nick Paul
Chairman
17 October 2008
Enquiries:
| Tricorn Group plc | |
| Mike Welburn, Chief Executive | Tel +44(0) 1684 569956 |
| corporate@tricorn.uk.com | www.tricorn.uk.com |
| Nominated Adviser: | |
| Collins Stewart Europe Limited | |
| Mark Connelly | Tel 0207 523 8350 |
TCN.L (TCN)