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ECM Electrocomponents Plc

1,047.00
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Electrocomponents Plc LSE:ECM London Ordinary Share GB0003096442 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,047.00 1,043.00 1,045.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AGM Statement

18/07/2003 1:00pm

UK Regulatory


RNS Number:7081N
Electrocomponents PLC
18 July 2003

                                            Embargoed to 12.00 noon 18 July 2003





ELECTROCOMPONENTS PLC

Statement Made At Annual General Meeting On 18 July 2003

Trading Update

We announced our results for the year ended 31 March 2003 on 29 May 2003 and
provided a trading update.

Since May, the Group's monthly sales have continued to be broadly level with the
same period last year on a like-for-like basis. Regional sales have also
developed as stated in May, though sporadic strikes in Europe have caused some
disruption. Our e-commerce sales have continued to grow rapidly.

At the beginning of June we successfully switched to our new European integrated
system in France.

Gross margin, costs and cash flow have continued to be managed effectively.



Contacts:
Ian Mason                   Chief Executive                                      01865 204000
Jeff Hewitt                 Deputy Chairman / Finance Director                   01865 204000
Diana Soltmann              Flagship Consulting Ltd                              0207 886 8440
Andy Berry                  Flagship Consulting Ltd                              0207 886 8440


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

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