Year End Trading Update

RNS Number : 1516K

Carclo plc

09 April 2018

 

Carclo plc ("The Group")

Year End Trading Update and Notification of Results

The Board confirms that the Group's trading for the year ended 31 March 2018 and the level of year-end net debt were in line with its expectations set at the time of the trading update on 15 January 2018.

The Group will announce its preliminary results for the year ended 31 March 2018 on 5 June 2018.

For further information please contact:

Carclo plc	0192 426 8040
Chris Malley, Chief Executive
Richard Ottaway (acting Chief Financial Officer)
Peel Hunt LLP (Corporate broker)	020 7418 8900
Justin Jones
Matthew Brooke-Hitching
Weber Shandwick Financial (Financial PR)	020 7067 0700
Nick Oborne

About Carclo

Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange.

Carclo's strategy is to develop and expand its key manufacturing assets in markets where there are significant further opportunities to drive shareholder value. To enhance profit margins and support its customers, the group has been investing across its global footprint.

Approximately three fifths of group revenues are generated from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of group revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the premium automotive industry.

 

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