Carclo plc Year End Trading Update (1516K)

TIDMCAR

RNS Number : 1516K

Carclo plc

09 April 2018

Carclo plc ("The Group")

Year End Trading Update and Notification of Results

The Board confirms that the Group's trading for the year ended 31 March 2018 and the level of year-end net debt were in line with its expectations set at the time of the trading update on 15 January 2018.

The Group will announce its preliminary results for the year ended 31 March 2018 on 5 June 2018.

For further information please contact:

 
 Carclo plc                              0192 426 8040 
 Chris Malley, Chief Executive 
 Richard Ottaway (acting Chief 
  Financial Officer) 
 
 Peel Hunt LLP (Corporate broker)        020 7418 8900 
 Justin Jones 
 Matthew Brooke-Hitching 
 
 Weber Shandwick Financial (Financial 
  PR)                                    020 7067 0700 
 Nick Oborne 
 

About Carclo

Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange.

Carclo's strategy is to develop and expand its key manufacturing assets in markets where there are significant further opportunities to drive shareholder value. To enhance profit margins and support its customers, the group has been investing across its global footprint.

Approximately three fifths of group revenues are generated from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of group revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the premium automotive industry.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 09, 2018 03:25 ET (07:25 GMT)