Molins PLC
16 April 2003
16 APRIL 2003 FOR IMMEDIATE RELEASE
MOLINS PLC
Annual General Meeting
At today's AGM, Peter Byrom, Chairman of Molins, said:
'Trading this year is meeting our expectations.
'The continued investment in the Tobacco Machinery businesses and the focus on
operational efficiencies have positioned the division well for 2003. Order
books are higher than at this time last year and we expect that business levels
will grow as a result. The market outlook for Packaging Machinery is less
certain, but we remain confident in the ability of our businesses to perform
comparatively well in this difficult market.
'We maintain a strong balance sheet and remain committed to further investment
in all parts of our business. We believe that the Company will continue its
progress through 2003.'
Enquiries: Molins PLC Tel: 01908 219000
Peter Byrom, Chairman
David Cowen, Group Finance Director
Issued by: Citigate Dewe Rogerson Tel: 020 7638 9571
Margaret George
This information is provided by RNS
The company news service from the London Stock Exchange
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