Molins PLC
25 April 2005
25 April 2005 FOR IMMEDIATE RELEASE
MOLINS PLC
Annual General Meeting
At today's AGM, Peter Byrom, Chairman of Molins said:
'In the Tobacco Machinery division activity in both spares and service is
running ahead of last year. The order intake for original equipment and rebuild
equipment continues to be weak. Opportunities remain for a number of potential
equipment orders, although timescales are no more certain now than they were two
months ago. The division continues to implement the restructuring programme
which commenced last year. We have identified more opportunities for efficiency
gains and expect to transfer further activities to our facility in the Czech
Republic.
'Trading in the Packaging Machinery division is broadly matching our
expectations. Order books are continuing at satisfactory levels and, although
it is expected that the division will show a particularly strong second half
weighting, the overall performance for the year should be maintained.
'The performance of the Scientific Services division is also matching our
expectations, with order intake ahead of last year.'
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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