Interim Management Statement

RNS Number : 4176A

Renold PLC

01 February 2011

 



Renold plc

("Renold" or "the Company")

Interim Management Statement

Renold, a leading international supplier of industrial chains and related power transmission products, is today issuing its interim management statement covering the period from 1 October 2010 to the current date.

On 23 November 2010 the Company announced its results for the half year ended 30 September 2010.  At that time it was noted that market conditions had improved across all of our areas of operation with additional incremental gains in market share during the first half and that we expected the sales trends established in the first half to continue.

Since that date, trading has increased in line with the Board's expectations.

There have been no significant changes in the position of the Company over the period since the publication in November 2010 of its half year statement for the six month period ended 30 September 2010.

1 February 2011

ENQUIRIES:

Renold plc	0161 498 4500
Bob Davies, Chief Executive
Brian Tenner, Finance Director
College Hill	020 7457 2020
Mark Garraway
Adam Aljewicz

NOTES FOR EDITORS

Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.

Further information about Renold can be found on their website at: www.renold.com

 

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