AGM Statement

Thorpe(F.W.) PLC

16 November 2023

 

16 November 2023

FW Thorpe Plc

Annual General Meeting statement

At the Annual General Meeting of FW Thorpe Plc to be held at 3.15pm today, Chairman, Mike Allcock, publishes the following statement:

"Since the beginning of the new financial year, orders and revenue are marginally ahead of the same period last year - there being some ups and downs across the Group. We expect half-year results to be similar to last year.

The sales teams remain positive, the pipeline is good but projects seem a little slower to materialise than in past years.

New product development remains a high priority and various exciting product innovations are under development.

The long-term picture is always more challenging to determine, however, our geographical and sector diversity combined with our energy saving solutions present opportunities to target profitable growth."

For further information, please contact:

FW Thorpe Plc	Tel:  [phone]
Mike Allcock - Chairman and Joint Chief Executive Craig Muncaster - Joint Chief Executive and Group Financial Director
Singer Capital Markets - Nominated Adviser and Broker	Tel:  [phone]
James Moat/Sam Butcher

 

END