Radstone Technology PLC
15 May 2002
Radstone Technology PLC ("Radstone" or "the Company")
Trading update
As indicated at the time of the interim results, the Board expected that
activity levels in the second half of the year would be significantly higher
than those achieved in the first six months of the year.
This has indeed been the case and sales achieved in the last quarter were also
at a higher margin than originally anticipated. This was due to the rescheduling
forward of higher margin products in response to urgent requests from customers.
These replaced lower margin orders that could not be shipped for external
administrative reasons outside our control and will now fall within the year
ending 31 March 2003.
Consequently the Board now expects that results for the year ended 31 March 2002
will be significantly ahead of market expectation and better than those achieved
last year.
Preliminary results for the year ended 31 March will be announced on 12 June
2002.
15 May 2002
This information is provided by RNS
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