Trading update

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

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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.

 

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