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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

28/09/2004 8:01am

UK Regulatory


RNS Number:3877D
Chloride Group PLC
28 September 2004


                               CHLORIDE GROUP PLC

                               TRADING STATEMENT
                                                             28th September 2004

Before entering the close period ahead of the announcement of its interim
results on 28th October 2004, the company is issuing the following statement on
current trading in line with its standard practice.

There are continuing signs of recovery in our key markets, and we are now
realising good opportunities in the oil and gas, energy, health, retail and
financial services sectors.  Our order book will be ahead of that at last
year-end in March and service revenues continue their consistent good growth.

Overall performance is expected to be in line with current market expectations
and well ahead of last year, as we continue to contain costs, grow service
revenues and improve product margins.  This will have been achieved despite
continued price pressure in all of our markets, especially in the telecom sector
in France and China.

We remain confident in the long-term growth drivers of our industry and continue
to invest in product development, enhancement of our total solutions and service
capabilities, and strengthening of our business systems.

Commenting on the statement, Keith Hodgkinson, Chief Executive said:  "We are
continuing to make good progress in competitive markets, which are driven by the
need to protect mission critical applications in an environment of degrading
power quality and reliability.  The Group's encouraging performance over the
first half of the year gives us confidence that Chloride is well placed to drive
further sales and profit growth."

Enquiries:

Chloride Group PLC                                    Telephone:  020 7834 5500
Keith Hodgkinson (Chief Executive)
Neil Warner (Group Finance Director)

gcg hudson sandler                                    Telephone:  020 7796 4133
Andrew Hayes/James Hill


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

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