Trading Update

RNS Number : 1973U

Dewhurst PLC

12 October 2010

 

Dewhurst PLC

("Dewhurst" or the "Group")

Pre-Close Trading Update

Dewhurst PLC, an independent supplier of quality components to the lift, keypad and rail industries, is pleased to announce the following pre-close trading update for the year ended 30 September 2010.  Profit before taxation for the period is expected to be significantly ahead of market expectations.  This is primarily due to better than expected sales in Europe and Asia as well as benefiting from positive exchange rate movements of our overseas operations.

Dewhurst's preliminary results for the year ended 30 September 2010 are expected to be announced in early December 2010.

Richard Dewhurst, Chairman, commented "The international spread of our business has given us resilience this year and allowed the Group to perform better than expected despite the poor economic conditions in the UK."

For further details please contact:

Dewhurst Plc	Tel: [phone]
Jared Sinclair
Seymour Pierce Ltd (Nominated Adviser)	Tel: [phone]
Freddy Crossley / David Foreman (Corporate Finance)
Paul Jewell (Corporate Broking)

 

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