13 December 2007
Elementis plc (LSE:ELM) today issues a trading update, ahead of the preliminary
results for the year ending 31 December 2007.
Market dynamics have continued to be positive for Elementis in the second half
of the year. Speciality Products has successfully offset lower demand from the
North American Coatings market with positive trends in all of its other end
markets, and demand for Chromium products has remained strong following changes
in Chinese tax regulations earlier in the year. When combined with further
improvements in central overhead costs, the resulting trading performance for
continuing businesses for the full year ended December 31, 2007 is likely to be
marginally ahead of expectations.
The Company will make its preliminary results announcement on 26 February 2008.
Elementis plc Tel: +44 (0)20 7408 9302
Financial Dynamics Tel: +44 (0)20 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange