28 October 2008
Elementis plc ("the Company") today issues its Interim Management
Statement for the quarter ended September 30, 2008 in relation to the
Company and its subsidiaries ("the Group").
Trading in the third quarter has continued to be in line with our
expectations, with volumes and pricing ahead of the same period last
year in both Specialty Products and Chromium. In addition, the
integration of the Asian acquisitions, Deuchem additives and Yuhong
organoclays, which were acquired in July this year, is progressing as
planned.
The Group's balance sheet remains strong and existing bank
facilities, which were put in place in 2006, are not due for renewal
until 2011.
Enquiries:
Elementis plc Tel: +44 (0)20 7408 9302
Brian Taylorson
Finance Director
Financial Dynamics Tel: +44 (0)20 7831 3113
Andrew Dowler
Greg Quine
---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.