We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Fenner | LSE:FENR | London | Ordinary Share | GB0003345054 | 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% | 609.00 | 609.00 | 609.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFENR
RNS Number : 2202J
Fenner PLC
08 September 2016
8 September 2016
Fenner PLC
("Fenner" or "the Group")
Pre-Close Trading Statement
Fenner confirms that during the last two months of its financial year ended 31 August 2016 trading remained as expected.
Helped in part by the translation effect on overseas earnings arising from the depreciation of sterling in recent months, the Group expects to report results for the full year which are towards the top of the current range of market expectations* and in line with the guidance, as adjusted for currency, given at the AGM in January.
A good working capital performance resulted in net debt at 31 August 2016 being approximately GBP150m notwithstanding the significant adverse translation impact on the Group's US dollar borrowings caused by the depreciation of sterling noted above.
The Group expects to release its results for the full year on 16 November 2016.
*as derived from Bloomberg
ENDS
For further information please contact:
Fenner PLC Mark Abrahams, Chief Executive 01482 626500 John Pratt, Group Finance Director 01482 626500 Weber Shandwick Financial Nick Oborne / Tom 020 7067 Jenkins 0700
Notes to editors:
Fenner PLC is a world leader in reinforced polymer technology, providing local engineered solutions for performance--critical applications. This announcement contains inside information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTKMGGLMNLGVZM
(END) Dow Jones Newswires
September 08, 2016 02:00 ET (06:00 GMT)
1 Year Fenner Chart |
1 Month Fenner Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions