For immediate release
18 November 2014
Carclo plc
(the "Group")
Appointment of Corporate Broker
The board is pleased to announce the appointment of Peel Hunt LLP as joint broker to the Group with immediate effect.
- ENDS -
Enquiries:
Carclo plc |
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01924 268040 |
Chris Malley, Chief Executive |
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Robert Brooksbank, Finance Director |
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Peel Hunt LLP |
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0207 418 8900 |
Justin Jones |
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Jock Maxwell Macdonald |
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Mike Bell |
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N+1 Singer Shaun Dobson Richard Lindley
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020 7496 3000 |
Notes to editors
Carclo plc is a public company whose shares are quoted on the London Stock Exchange.
Carclo's strategy is to develop and expand its key manufacturing assets where there remain significant further opportunities to drive value. To enhance profit margins the group has been investing in new technologies.
Approximately three fifths of revenues are currently derived from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the low volume premium automotive industry.