Trading Statement

OMG PLC 27 August 2002 OMG plc ('the Company') - Trading Statement As indicated in the Company's Interim Statement of 5 June 2002, 'market conditions remain uncertain and we cannot be sure that revenues in the second half will match the strong sales of the same period last year.' The emerging global pattern is of greatly extended order decision times. This will have the consequence of pushing a significant proportion of forecast revenues beyond the year end, with a material adverse impact on the current year's profitability. In present market conditions the Company's top financial priority is cash management. As a result of policies introduced earlier in the year, the Company's year-end cash position is expected to be at least £3.5 million, significantly above the level forecast at the start of the year. 27 August 2002 This information is provided by RNS The company news service from the London Stock Exchange
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