Annual General Meeting Statement

RNS Number : 1291U

Thorpe(F.W.) PLC

21 November 2019

 

21 November 2019

FW Thorpe Plc

Annual General Meeting statement

At the Annual General Meeting of FW Thorpe Plc to be held at 3.15pm today, Chairman, Mike Allcock, will make the following statement:

"I am pleased to report that this summer's trading, at our main division Thorlux Lighting, was significantly improved on the same period last year, and its order book has remained healthy throughout the autumn. 

There are varying trading conditions across the Group, but generally order levels are good. The improved order book comprises some large one-off projects and we have experienced some margin pressure as a result.

Whilst we have had an encouraging start, the political and economic uncertainty make it difficult to predict trading for the full year and we remain focused on sustainable, long-term growth for the Group."

For further information, please contact:

FW Thorpe Plc

Mike Allcock - Chairman and Joint Chief Executive                                             Tel:  [phone]

Craig Muncaster - Joint Chief Executive and Group Financial Director

N+1 Singer - Nominated Adviser and Broker 

Richard Lindley/James Moat                                                                               Tel:  [phone]

 

END

 

 

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