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Name | Symbol | Market | Type |
---|---|---|---|
Lifegoal Children Investment ETF | AMEX:CHLD | AMEX | Exchange Traded Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.565 | 0 | 01:00:00 |
RNS Number:1463Q Chloride Group PLC 25 September 2003 CHLORIDE GROUP PLC TRADING STATEMENT 25 September 2003 Before entering its close period prior to the announcement of interim results on 30th October 2003, the Company is issuing the following statement on current trading in line with its standard practice. As anticipated, trading conditions remained difficult, especially in Continental Europe, and also in China and South East Asia where the SARS epidemic adversely impacted the performance of Chloride Masterguard Power Systems - Shanghai, which was acquired in February 2003. Despite these difficult conditions, and excluding China and the benefit of the strengthened Euro, we have achieved organic growth in products and service, which will result in increased sales in the first half, compared with the same period last year. Although product sales are still affected by the absence of large projects, we have benefited from an initial order from the reconstruction of Iraq, and our solutions approach continues to generate good growth in higher margin service revenues. We also continue to focus on improving overhead efficiency and reducing product cost. We still view the second half with caution in light of continuing uncertain market conditions and severe pricing pressure. Nonetheless, provided that the recent improved order trend can be maintained, and with the benefit of continued service revenue growth, we anticipate stronger sales performance in the second half. Recent power problems experienced in both North America and London serve to emphasise the increasing importance of continuous high quality power to support business critical applications. This will continue to drive the prospects for our business over the longer term. Commenting on trading conditions for the six months to 30 September 2003 Keith Hodgkinson, Chief Executive said: "We have made further progress despite continuing difficult market conditions. We remain well positioned to extend our product sales and service solutions across a wide range of critical applications." Enquires: Chloride Group PLC Telephone: + 44 (0) 207 834 5500 Keith Hodgkinson (Chief Executive) Neil Warner (Group Finance Director) Hudson Sandler Andrew Hayes Telephone: + 44 (0) 207 796 4133 This information is provided by RNS The company news service from the London Stock Exchange END TSTQZLFLXKBZBBD
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