Roxboro Group PLC
29 June 2004
Date: Embargoed until 07.00am, Tuesday 29 June 2004
Contacts: Harry Tee - Group Chief Executive
Alf Vaisey - Group Finance Director
The Roxboro Group PLC
Tel: 01223 424626
Alistair Mackinnon-Musson
Philip Dennis
Hudson Sandler
Tel: 020 7796 4133
Email: roxboro@hspr.co.uk
THE ROXBORO GROUP PLC
Trading Statement
The Roxboro Group PLC, the international specialist electronics group, announces
today that current trading continues to be encouraging, in line with the
Chairman's Statement at the AGM in April.
First half recovery in demand from the general electronics sector has lifted
sales through distribution channels at Dialight and this is being followed by a
recovery in demand from telecommunications equipment manufacturers.
Additionally, the reduced costs resulting from the transfer of operations to
Mexico are improving operating margins.
Solartron continues to perform to plan with the Sakhalin Gas Field project being
completed on schedule. An order to the value of $1.5 million has been received
to provide measurement instrumentation for the South Pars Offshore Gas Field in
Iran and a further contract to provide fluid analysis equipment has been secured
from China Petroleum for delivery in the current year.
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
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