ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

CHLD Chloride Grp.

374.60
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Chloride Grp. LSE:CHLD London Ordinary Share GB0001952075 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 374.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Statement

24/09/2007 8:04am

UK Regulatory


RNS Number:3272E
Chloride Group PLC
24 September 2007

                                                               24 September 2007


                               Chloride Group PLC

                               Trading Statement



Prior to entering its close period before publication of the results for the six
months ended 30 September 2007, the Board of Chloride Group PLC ("Chloride" or "
the Company") provides the following update:


The Board is pleased with performance in the first half with sales and orders
ahead of management expectations and significantly ahead of last year.  The
sustained momentum in data centres and IT services, and in the energy, and oil
and gas sectors continues to drive organic sales growth.  Order levels have been
strong throughout the period, with order intake well ahead of sales.  As a
result the order book has again increased, with significant new orders from blue
chip customers in India, Germany, the UK and the Middle East.


Regarding the recently acquired businesses:  Masterpower is providing the
platform for expanding our industrial systems sales in the UK; Ascor, Singapore,
has quickly strengthened our presence in SE Asia and Cener is now integrated
with Chloride Spain, to form a single business serving the dynamic Spanish
market.


The Company will be announcing its interim results on 29 October 2007.


Commenting on the trading update, Chief Executive Keith Hodgkinson said: "Our
strategy to accelerate growth while investing in the breadth and quality of our
solutions capabilities has again resulted in improved performance.  We enter the
second half year with a strong order book, and many good prospects in projects
where our secure power solutions give us competitive advantage. We are therefore
confident that we will achieve further strong progress in this financial year."



Enquiries:

Chloride Group PLC
Keith Hodgkinson (Chief Executive)
Neil Warner (Finance Director)
Telephone: +44 (0)20 7881 1440


Hudson Sandler
Andrew Hayes/ Kate Hough
Telephone: +44 (0)20 7796 4133



Note to editors:


Chloride Group PLC (LSE: CHLD.L) is a world leader and the UK's number one
specialist provider of critical power protection solutions and services.  Secure
power is essential to ensure business continuity, and protect customers' systems
and processes from the damaging effects of poor quality electrical power, which
is prevalent in most world economies, including the USA and Europe.


Chloride provides Total Solutions for customers' critical power protection
needs, designed and tailored to their applications.  Their offer covers a
combination of expert system advice, proprietary equipment (including
uninterruptible power supply systems and power conditioners), ancillary
equipment (including diesel generators and control systems) and comprehensive
service and maintenance packages.


Covering a broad range of markets, Chloride supplies leading companies, for
which business continuity is paramount.  Market sectors include financial
services, manufacturing, government, transport, healthcare, telecoms (protecting
data centres and telephone network infrastructure), energy, petrochemicals and
oil and gas (protecting equipment in refining plants, storage facilities,
offshore drilling rigs and transportation pipe lines).


Underpinning the Company's Total Solutions approach is a commitment to providing
customers with excellent after sales service and support through a network of
highly qualified engineers and technical support staff. This is backed up by
Chloride's industry-leading diagnostic system, LIFE.net.


Headquartered in London, UK, Chloride has offices worldwide, serving blue chip
customers across Europe, Asia, Australia, North and South America.


Chloride's strategy is to continue its focus as a pure power protection company,
and to develop its capability as a Total Solutions provider in critical power
protection services.


For further information please visit the Group's website at
www.chloridegroup.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

TSTBXLLLDKBFBBD

1 Year Chloride Chart

1 Year Chloride Chart

1 Month Chloride Chart

1 Month Chloride Chart