AGM Statement

RNS Number : 0760X

Coral Products PLC

26 August 2015

 

26 August 2015

CORAL PRODUCTS PLC

("Coral" or the "Group")

AGM Statement

Joe Grimmond, Chairman of Coral, will provide the following statement at the Group's AGM later today:

"I am pleased to report that Coral has made a strong start to the current year and that trading is in line with market expectations.

"Since announcing our year end results in July, we have completed the integration of the assets recently acquired from Neiman Packaging Limited, transferring its operations to our wholly owned Haydock site. Demand for these products remains strong and we expect to increase production in our second quarter to meet this demand.

"The Group's focus on seeking new business in growth areas continues. With strong cash flows your board remains confident for the year ahead.

"Coral will announce its interim results for the six months ending 31 October 2015 in December."

Enquiries

Coral Products plc Joe Grimmond, Executive Chairman	Tel: [phone]
Nominated Adviser Cairn Financial Advisers LLP Tony Rawlinson / Avi Robinson	Tel: [phone]
Broker Daniel Stewart & Company plc David Lawman / David Coffman	Tel: [phone]
PR Capital Markets Consultants Limited Richard Pearson	Tel: [phone]

 

END

 

 

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