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Havelock Europa PLC (HVE)

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Thursday 29 April, 2010

Havelock Europa PLC

Interim Management Statement

RNS Number : 0041L
Havelock Europa PLC
29 April 2010
 



 

 

Thursday 29 April 2010

HAVELOCK EUROPA PLC

Interim Management Statement

 

Havelock (HVE.L), the Educational and Retail Interiors and Point of Sale Printing Group, announces its Interim Management Statement relating to the period since 1 January 2010.

In the period to 23 April 2010, order intake was £34.6 million (2009: £29.8 million).  Revenues are in line with the Board's expectations but slightly lower than in the first quarter of 2009, reflecting the completion dates of some larger contracts.

 

Net debt is showing a normal seasonal increase over the level at 31 December 2009, and the Group's financial position remains in line with expectations and within the Group's newly agreed bank facilities.

 

Further comments on trading, bank facilities and Board changes in the current financial year are set out in the Preliminary Announcement of results for the year to 31 December 2009, which has also been released today.

 

Enquiries:

Havelock Europa                                                                                                   

David Hurcomb (Interim CEO)                                                                                07836 353 179

Grant Findlay (Finance Director)                                                                            07768 745 960

 

Bankside

 

Charles Ponsonby                                                                                                     020-7367 8851

Rose Oddy                                                                                                                 020-7367 8853

 


This information is provided by RNS
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