New business order (1143J)
June 27 2011 - 1:00AM
UK Regulatory
TIDMSC.
RNS Number : 1143J
Supercart PLC
27 June 2011
27 June 2011
SUPERCART PLC
("Supercart" or the "Company")
Major new order in North America
Supercart (AIM:SC.), the UK company involved in the design,
marketing and distribution of plastic shopping trolleys, announces
that Plasti-Cart Inc., the Company's wholly owned North American
subsidiary, has received the largest single order for its all
plastic 'MAX200' trolley since the product was launched in 2009.
The order is from an existing major US customer, with stores across
North America and throughout Europe. The order is worth over $1.0
million and is for delivery in the third and fourth quarters of
2011.
This order will be recognised in the next financial year and
will have no impact on the current trading period for the eighteen
months to 30 June 2011. The Company confirms that trading in the
first five months of 2011 has been broadly in line with management
forecasts and that the outlook for the remainder of 2011 and beyond
remains encouraging.
Mike Wolfe, Chief Executive of Supercart, said:"I am extremely
pleased that this significant order from a current North American
customer with a large European presence, together with a healthy
level of further open orders for delivery in our US operations,
will give us the basis for a positive start to the 2012 financial
year."
Enquiries:
Supercart plc
Chief Executive
Mike Wolfe 01732 459898
Charles Stanley
Securities
Nominated Adviser
and Broker
Russell Cook/Carl
Holmes 020 7149 6000
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This information is provided by RNS
The company news service from the London Stock Exchange
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