Chamberlin PLC AGM Statement (9187E)
July 22 2016 - 1:00AM
UK Regulatory
TIDMCMH
RNS Number : 9187E
Chamberlin PLC
22 July 2016
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
AIM: CMH
22 July 2016
CHAMBERLIN plc
("Chamberlin" or "the Group")
AGM Statement
Chamberlin, the specialist foundry and engineering group, will
be holding its Annual General Meeting today and the Chairman, Keith
Butler-Wheelhouse, will provide the following update on current
trading:
"I am pleased to report that trading in the first three months
of the new financial year has been in line with management
expectations. Our initiative to implement new machining capability
is progressing well and supports a major new automotive contract,
as previously reported.
Like last year, the Board expects the Group's performance to be
weighted towards the second half of the financial year and we look
forward to providing a further update in due course.
Regarding the outcome of EU Referendum, it is too early to
comment with any certainty on any longer term implications for the
Group. Currently, approximately 36% of Chamberlin's sales are
exported to the EU."
Enquiries
Chamberlin plc (www.chamberlin.co.uk) T: 01922 707100
Kevin Nolan, Chief Executive
David Roberts, Finance Director
Panmure Gordon (Nominated Adviser T: 0207 886
and Broker) 2500
Adam James / Peter Steel
KTZ Communications T: 020 3178
(Financial PR) 6378
Katie Tzouliadis/ Viktoria Langley/
Emma Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMGMGZNVMKGVZM
(END) Dow Jones Newswires
July 22, 2016 02:00 ET (06:00 GMT)