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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abbeycrest | LSE:ACR | London | Ordinary Share | GB0000037191 | 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% | 1.50 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Mar 2020 to Mar 2025
TIDMACR
RNS Number : 4231K
Abbeycrest PLC
15 July 2011
Abbeycrest plc
("Abbeycrest" or the "Group")
Interim Management Statement
Abbeycrest plc (LSE: ACR), a leading international jewellery designer and manufacturer, today provides an update on business performance for the period from 1 March 2011 to 14 July 2011.
Whilst the Group made a satisfactory start to the current financial year, its recovery has been further impeded in recent weeks by difficult trading conditions, including continuing rising precious metal prices and retailer action to protect volumes.
In May 2011, the Board agreed revised and extended facilities with its lenders in the UK and Thailand. However, due to the factors outlined above, the Group now needs to extend these existing facilities further or reduce the Group's peak working capital funding requirement by approximately GBP0.7m in October 2011. The Board is currently reviewing the options available to the Group.
For further information, please contact:
Abbeycrest plc Tel: 0113 397 0864 Simon Ashton, Executive Chairman www.abbeycrest.co.uk Evolution Securities Limited Tel:0113 243 1619 Joanne Lake/Casper Kaars www.evosecurities.com Rawlings Financial PR Limited Tel: 01653 618 016 Catriona Valentine www.rawlingsfinancial.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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