AGM Statement
February 24 2005 - 4:13AM
UK Regulatory
RNS Number:9849I
Deltron Electronics PLC
24 February 2005
For immediate release 24th February
DELTRON ELECTRONICS plc
AGM Statement
Trading in line with the Board's Expectations
At the Annual General Meeting of Deltron Electronics plc, the specialist
European electromechanical solutions provider, the Chairman Paul Gourmand made
the following statement:
"The Board is pleased that Deltron's first quarter results are in line with our
expectations. Our key performance indicators are on target. The most important
are:
* Sales up 5% on a like for like basis
* Margins maintaining robust healthy levels
* Design-in contracts remaining a company strength and engine for growth
* Healthy demand which is driven by both new and existing customers
In December we said the economic climate looks reasonable whilst caution over
the strength of the recovery is sensible. Our view is unchanged as the trading
climate continues to be demanding while our first quarter performance
demonstrates Deltron's underlying strengths."
Paul Gourmand
CHAIRMAN
For further information, please contact:
Deltron Electronics plc
Christopher Sawyer, Chief Executive 01638 561156
Buchanan Communications
Tim Anderson 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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