12 Dec 2018 14:00
Tex Holdings plc
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Trading update
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Tex Holdings plc ('The Group') makes this announcement in order to give a trading update for 2018.
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The Group earnings for second half of the financial year will be lower than those anticipated in the half year statement.
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The drop in full year earnings has been largely caused by the delay in the shipment of a number of project related items that will now fall into the first half of 2019. Also, additional costs have been incurred by re-organisation within the Board and Panels Division.
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The Group will as a result be going into the new year with a strong order book, which at this stage augers well for 2019.
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This announcement is based on information currently available.
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Enquiries
Tex Holdings plc
Christopher Parker
01473-830144
12th December 2018
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