AGM Statement

RNS Number : 8034N
Chamberlin PLC
31 July 2014
 



 

AIM: CMH

 

CHAMBERLIN plc

("Chamberlin" or "the Group")

 

AGM Statement

 

Chamberlin, the specialist foundry and engineering group, will be holding its Annual General Meeting today and Chairman, Keith Butler-Wheelhouse, will provide the following update on current trading:

 

"Group revenue in the first quarter has been in line with management forecasts. The cost reduction activity initiated by the new management team in the fourth quarter of 2013 is generating a more positive outcome for the Group.  Measures to achieve further cost efficiencies are being taken which the Board anticipates will generate improved profitability for the current year significantly above current market expectations."

 

 

Enquiries

Chamberlin plc (www.chamberlin.co.uk)

Kevin Nolan, Chief Executive

David Roberts, Finance Director


T: 01922 707100

 




Charles Stanley Securities 
(Nominated Adviser and Broker)

Russell Cook / Carl Holmes


T: 020 7149 6000




KTZ Communications

(Financial PR)

Katie Tzouliadis / Deborah Walter


T: 020 3178 6378

 


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