Renold PLC
06 November 2007
Renold plc
('Renold' or the 'Company')
Alstom contract award
Renold plc is pleased to announce that it has been awarded a USD 14 million
contract extension to supply couplings and gearboxes to Alstom for the New York
Mass Transit Authority. This contract is phase 2 of a 3 phase schedule and is
expected to be fulfilled over an 18 month period commencing May 2008.
Renold will issue its interim results on 20 November 2007. The Board will
confirm trading is in line with expectations and its positive outlook for the
remainder of the year including the benefits of its recent acquisition Renold
Hangzhou and progress with its PACE programme.
6th November 2007
Enquiries:
Renold plc 0161 498 4500
Bob Davies: Chief Executive
Peter Bream: Finance Director
College Hill 020 7457 2020
Matthew Gregorowski
Nicholas Potter
NOTE FOR EDITORS
Renold is a leading global manufacturer of industrial chains. It also
manufactures specialist gearboxes and couplings. The company is an engineering
business with a specific focus on providing highly durable solutions where
performance and reliability in use are of the utmost importance.
Renold's products are used in a wide variety of industries including
manufacturing, transportation, energy production, steel and mining. The company
has a well deserved reputation for quality that is recognised worldwide.
Renold has 13 manufacturing plants throughout the world and employs
approximately 2,500 staff. The company is currently expanding its geographical
footprint by increasing its manufacturing presence in 'low cost countries'.
This information is provided by RNS
The company news service from the London Stock Exchange
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