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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 : 8509E Widney PLC 01 October 2008 Widney plc Trading Announcement Widney plc is the holding company for Widney UK and Widney Pressings. Widney UK designs and manufactures window systems for specialist vehicles and telescopic slides. Widney Pressings produces pressed components and metal assemblies for the automotive original equipment and after-market sectors. The board announces that following a fall in demand from a number of the Group's key customers the results for the year ended 30 September 2008 are expected to fall below market expectations and show a small loss. Orders reduced as expected at the time of key customers normal seasonal slowdown over the summer. This expected decline was exacerbated by extended shutdowns and lower than expected schedules from some of the Group's key customers. To date the expected improvement in demand has not occurred and the Group has little visibility on orders beyond 31 December 2008. The Group is actively managing its costs to bring them in to line with the current level of demand. 1 October 2008 Enquiries: Widney Plc Tel: 0121 327 5500 Joe Grimmond, Chairman Graham Errington, Finance Director FinnCap Tel: 0207 600 1658 Clive Carver College Hill Tel: 020 7457 2020 Richard Pearson This information is provided by RNS The company news service from the London Stock Exchange END MSCMBBITMMMMBBP
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