Autins Group PLC AGM Statement (6871D)

TIDMAUTG

RNS Number : 6871D

Autins Group PLC

02 February 2018

2 February 2018

Autins Group plc

(the "Company" or the "Group")

AGM Statement

Autins Group plc (AIM: AUTG), a leading designer, manufacturer and supplier of acoustic and thermal insulation solutions for the automotive sector, will hold its Annual General Meeting today at the offices of Freeths LLP, 3rd Floor, The Colmore Row Building, Colmore Circus, Queensway, Birmingham commencing at 12 noon, where the Group's Chairman, Adam Attwood, will provide the following statement:

"We delivered strong top line growth in FY2017 and are seeing this continue during FY2018 although still very much re-iterating that we expect a significant second half weighting to results. FY2018 is a year where we will see significant progress for Autins as we continue to take on many challenges and opportunities to better secure a robust business model that can be scaled efficiently and deliver growth profitably and sustainably. Our Neptune product is gaining momentum and further traction in the market, our operations are focused on improving productivity and customer service, and we are increasingly on a path to working as one company in everything we do.

The Board remains confident in our strategy and the management is focused on deploying our detailed business plans. We are all committed to realising the full potential of the Group.

The company will release interim results for the six months ending 31 March 2018 in June 2018."

For further information please contact:

 
 
   Autins Group plc                Via Newgate 
   Adam Attwood, Non-Executive 
   Chairman 
   Michael Jennings, Chief 
   Executive 
   James Larner, CFO 
 Cantor Fitzgerald Europe        Tel: [phone] 
  (Nominated Adviser and 
  Broker) 
  Philip Davies 
  Will Goode 
 Newgate Communications          Tel: [phone] 
  (Financial PR) 
  Adam Lloyd 
  Ed Treadwell 
  James Browne 
 

About Autins

Autins specialises in the design, manufacture and supply of acoustic and thermal insulation solutions primarily in the automotive sector but with an increasing focus on other sectors, including flooring, building and wider industrial applications.

The Group is one of the leading suppliers of noise and heat management products in the automotive market, producing and supplying over two million parts per month to customers including some of the world's leading vehicle manufacturers.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 02, 2018 02:00 ET (07:00 GMT)