Trading Statement & Delay in 2025 Audited Results
10 July 2025
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN
Carclo plc
Trading Statement and Delay in 2025 Audited Financial Statements
Carclo plc ("Carclo" or the "Group"), a global leader in precision engineering solutions, today announces a delay to the publication of the audited financial statements for the year ended 31 March 2025.
Delay in publication of the audited financial statements for the year ended 31 March 2025
Forvis Mazars LLP, the Group's current auditor, has informed the Audit Committee that it requires additional time to complete its audit procedures for the year ended 31 March 2025.
The Group is disappointed with this situation and is working with Forvis Mazars to ensure that the audit is completed as soon as possible. To date, Carclo has not been informed of any significant audit issues affecting the Group's consolidated financial statements.
As a consequence of the delay, Carclo expects that its shares will be temporarily suspended from listing and trading from 1 August 2025 until the audit is completed and the 2025 annual report and accounts are published.
Carclo recognises the importance of timely financial reporting and remains committed to restoring its usual reporting timetable going forward. An audit tender process is currently underway and we would expect to make an announcement before the 2025 AGM.
Trading Statement
As set out in the trading update announced on 30 April 2025, the Group's trading performance for the year ended 31 March 2025 exceeded management expectations, with strong margin expansion in the second half.
Net debt (including leases) closed at £19.3 million, representing a significant reduction of £10.2 million compared to £29.5 million at 31 March 2024, reinforcing the Group's financial resilience and strategic flexibility.
Further margin enhancement is anticipated as the full benefits of operational optimisation initiatives materialise across all business units. Disciplined approach to cash management and the ongoing operational excellence programme are expected to drive sustained financial resilience and strategic flexibility.
About Carclo plc
Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Carclo Group is a global leader in high-precision components with comprehensive, end-to-end manufacturing capabilities. With expertise spanning mould design, automation, production, assembly, and printing, Carclo supports critical growth sectors, particularly life sciences, aerospace, and optics, with tailored, precision solutions.
LEI: 21380078MEM399JPI956
Enquiries:
Carclo plc +44 (0) 20 8685 0500
Frank Doorenbosch - Chief Executive Officer
Ian Tichias - Chief Financial Officer
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