Result of General Meeting

RNS Number : 7505R

600 Group PLC

27 August 2010

 



Result of General Meeting

At the General Meeting of The 600 Group PLC (the "Group") held today at 10 am, all the resolutions proposed were duly passed.

Enquiries:
The 600 Group PLC	Tel: [phone]
David Norman, Group Chief Executive	www.600Group.com
Martyn Wakeman, Group Finance Director
Evolution Securities Limited	Tel:  [phone]
Joanne Lake
Rawlings Financial PR Limited	Tel: [phone]
Catriona Valentine
Keeley Clarke

Notes to Editors:

The 600 Group PLC ("the Group") is a diversified engineering group with four principal areas of activity:

Machine Tools (41% of sales) - the business has a strong reputation in the market for metal turning machines. Products range from small conventional machines for education markets, CNC workshop machines and CNC production machines.  The European manufacturing footprint is supported by selected outsourcing partners and machines are marketed through the Group's wholly owned international sales organisation.

Precision Engineered Components (26% of sales)- machine spares are distributed to customers globally to help maintain the installed base of group machines which number in excess of 100,000.  Additionally work holding products and roller taper bearings are sold via specialist distributors to OEMs including other machine builders.

Laser Marking (15% of sales) - laser marking is a technologically superior alternative to ink jet marking.  It requires no consumables and can operate on a continuous high speed basis when integrated into customers' production lines.  The business has its own technology and proprietary software.  Customer applications are diverse and range from telecommunications to pharmaceuticals.  The requirement for increased product and component traceability is one of the market drivers.

Mechanical Handling and Waste Management (18% of sales) - the business sells equipment into Sub Saharan African markets from its three locations in South Africa.  Improvements to municipal infrastructures, mineral extraction and electrification are significant drivers for this business.  Distribution of world class brands is supported by wholly owned workshop and factory facilities.

 

END

 

 

ROMPGUPGRUPUUBM