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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coral Products PLC | AQSE:CRU.GB | Aquis Stock Exchange | Ordinary Share | GB0002235736 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.00 | 9.00 | 11.00 | 10.00 | 10.00 | 10.00 | 0.00 | 07:01:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCRU
RNS Number : 0038L
Coral Products PLC
28 September 2016
CORAL PRODUCTS PLC
("Coral" or the "Group")
AGM Statement
Joe Grimmond, Chairman of Coral, will provide the following statement at the Group's AGM later today:
"I am pleased to announce that trading after the first 4 months of the current year is in line with management's expectations. Sales and Profits are both substantially ahead of same period for last year in spite of the negative impact of the significant fall in the value of sterling relative to the dollar and euro during this year.
Management is working diligently to mitigate these effects. One consequence of this fall is that it is likely to encourage the trend to import substitution creating greater opportunities for our UK manufacturing operations.
The recently merged tatra rotalac business is now fully operational and is poised for further improvement.
Order levels and cash flow are strong and in spite of prevailing uncertainties we remain confident for the year ahead.
Coral will announce its interim results for the six months ending 31 October 2015 in December."
Enquiries
Coral Products plc Tel: 07703 Joe Grimmond, Chairman 518 148 Nominated Adviser Cairn Financial Advisers LLP Tel: 020 7148 Tony Rawlinson / Liam Murray 7900 Broker Daniel Stewart & Company plc Tel: 020 7776 David Lawman 6550 PR Tel: 07515 Capital Markets Consultants Limited 587184 Richard Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMUBSNRNKAKUAR
(END) Dow Jones Newswires
September 28, 2016 02:00 ET (06:00 GMT)
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