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ROM Romag

35.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Romag LSE:ROM London Ordinary Share GB0033665729 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% 35.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Romag Holdings Full-Year Profit Slumps; Inks New Deals

15/12/2009 8:58am

Dow Jones News


Romag Holdings (LSE:ROM)
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From May 2019 to May 2024

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Glass composites maker Romag Holdings PLC (ROM.LN) Tuesday reported a 71% fall in fiscal year pretax profit following a slump in demand for glass, and said it has inked new deals with Kingspan Group PLC (KSP.DB) and British Gas, a unit of Centrica PLC (CNA.LN).

The company, which makes glass and plastic composites used in photovoltaic glass for solar panels and products for the security, transport and architecture markets, said the two deals, both for photovoltaic products, mean it is in a better position to take advantage of any recovery in its markets.

Romag said pretax profit for the year to Sept. 30 was GBP1.08 million, down from GBP3.73 million a year earlier. Revenue declined 41% to GBP19.7 million.

Company Web site: www.romag.co.uk

-By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; jason.douglas@dowjones.com

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1 Year Romag Holdings Chart

1 Year Romag Holdings Chart

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