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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Widney | LSE:WDNY | London | Ordinary Share | GB0009665778 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1720D Widney PLC 03 September 2007 Widney PLC Belcot Tool & Die Widney plc announces that following a detailed assessment of the automotive tool and die market it has determined to withdraw from the manufacture of automotive press tools. Belcot will continue with low volume production presswork. Belcot contributed profits of #181,000 in the six months to 31 March 2007. With decreasing demand for automotive press tool manufacturing, the Board feels that better use could be made of the assets employed. The withdrawal is expected to allow the realisation in due course of some #800,000 of fixed and current assets for the benefit of the Group. 3 September 2007 Enquiries: Widney Plc Joe Grimmond, Chairman 0121 327 5500 Graham Errington, Finance Director 0121 327 5500 Insinger de Beaufort Chris Caldwell 020 7190 7000 College Hill Richard Pearson 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange END MSCDGGGLGFZGNZM
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