Sirdar PLC
14 December 2001
14 December 2001
Sirdar PLC ('Sirdar' or 'the Group')
Trading update
In Sirdar's preliminary results for the year ended 30 June 2001, announced on
20 September 2001, the Board stated that the start to the new financial year
had been challenging and that it expected market conditions to remain
difficult. During the considerable economic uncertainty which has existed
since that time, the Group has continued to perform below expectations.
Against this background, the Board now expects that the Group's operating
profit for the six months ending 31 December 2001 is likely to fall
significantly below that for the comparable period in 2000.
However, we are confident that we have the structure to meet the challenges we
are currently facing and that the Group is well positioned for the future.
Accordingly, the Board intends to maintain the interim dividend per share at
the same level as last year. We will continue to monitor progress and update
shareholders as appropriate.
We intend to announce our interim results in March 2002.
For further information please contact:
Sirdar PLC
Duncan Verity 01924 371501
Kevin Henry 01924 371501
ENDS
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