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Trading update

20 Nov 2014 07:00

RNS Number : 4919X
Sprue Aegis plc
20 November 2014
 



20 November 2014

 

Sprue Aegis plc (AIM: SPRP)

("Sprue" or the "Company")

 

Trading update

 

Since the release of its unaudited interim results on 22 September 2014, Sprue, one of Europe's leading home safety products suppliers, is pleased to announce that the Company's financial performance has continued to be strong and October was a record month for sales and profit.

 

Based on the current order book, and subject to products being built and shipped in line with the current delivery schedule, the Board expects that the Company's results* for the year ending 31 December 2014 will be ahead of market expectations.

 

The Company will provide a further update on trading and prospects in January 2015.

 

*Before exceptional AIM costs of £0.5m in H1 2014

 

 

- Ends -

 

For further information, please contact:

 

Sprue Aegis plc

0247 771 7700

Graham Whitworth, Chairman & Group CEO

John Gahan, Group Finance Director

Westhouse Securities

0207 601 6100

Tom Griffiths

 

Notes to Editors

About Sprue Aegis plc

 

Group overview

 

With its head office in Coventry, UK, Sprue is one of Europe's leading home safety products suppliers and manufactures one of the world's smallest carbon monoxide sensors for use in carbon monoxide alarms. Sprue designs and sells smoke and carbon monoxide alarms and other safety related products throughout Europe under the FireAngel, AngelEye, Pace Sensors, First Alert, BRK and Dicon brands.  Sprue enjoys a strong European market presence, a leading UK retail footprint, is the supplier of choice to the UK's Fire and Rescue Services and continues to develop its market share in the UK's trade sector. Sprue has an established network of independent distributors within Continental Europe providing access into these key growth markets through local partners.

 

Patented technology

 

Sprue has patented technology in Europe, the US and other selected territories and its range of smoke and carbon monoxide alarms is independently certified to the latest European standards. For further product information, please visit: www.fireangel.co.uk or www.firstalert.eu or www.brkdicon.eu/en or www.sprue.com.

 

 

 

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