Porvair PLC
10 December 2007
For immediate release 10 December 2007
Porvair plc ('Porvair' or 'The Group')
Trading Update
Porvair, the specialist filtration and environmental technologies group, today
issues a trading update for the year ended 30 November 2007.
The Group has performed well and results are anticipated to be marginally ahead
of management's expectations, despite the weak dollar holding back what would
otherwise have been stronger revenue and profits growth. Metals filtration has
had a record sales year and, following the successful restructuring earlier in
the year, has experienced a strong recovery in profitability. Microfiltration's
aerospace business has again delivered a robust performance.
Current order books are healthy and several of the Company's key growth projects
have progressed to the point where they will contribute to Group profits in 2008.
The Company will be announcing its preliminary results for the year ended 30
November 2007 on Tuesday, 29 January 2008.
An analyst briefing will be held at 10.00 am at Buchanan Communications, 45
Moorfields, London, EC2Y 9AE on Tuesday, 29 January 2008.
For further information, please contact:
Porvair plc 01553 765 500
Ben Stocks, Chief Executive
Chris Tyler, Group Finance Director
Buchanan Communications 0207 466 5000
Charles Ryland / Ben Willey / Susanna Gale
This information is provided by RNS
The company news service from the London Stock Exchange
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