Update on preliminary results

RNS Number : 3836S

Creightons PLC

08 July 2020

 

08 July 2020 

Creightons PLC

UPDATE: PUBLICATION OF PRELIMINARY RESULTS,
NEW PRODUCT DEVELOPMENT IN RESPONSE TO COVID-19

Creightons plc (LSE: CRL) ('Creightons" or the "Company") manufacturers of the finest quality personal care, beauty and fragrance products, notes the temporary relief announced 26 March 2020 by the FCA which, among other things, means the FCA will forbear from suspending the listing of companies who publish financial statements within six months of their year-end instead of the usual four months.

Accordingly, the Company has decided to take advantage of this temporary relief and will therefore publish its preliminary results on Wednesday 26^th August 2020.

Whilst the Company has faced a number of challenges since the outbreak of Covid-19, it has also found opportunity to deliver product types currently in demand by both consumers and by industry.

In particular, the Company has been able to introduce its new Pure Touch brand of hand sanitisers and hand washes, available through  all channels of distribution that require and need anti-viral hygiene products; and a newly developed  anti-viral  and "alcohol free" hand cream which has  been approved and is about to launch.,

Accordingly, the Board believe that the Company's over-all performance remains on track; and that the Company has been in a privileged position to contribute positively to the country's response to Covid-19.

Despite pivoting the business with speed, the competitive environment and demands on the supply chain have nevertheless been, and continue to be, challenging.  The Company will continue to find the positives where possible to keep moving forward.

The Board has noted the occasional significant movement in its share price in past weeks but wishes to state that it is not aware of the need to make an announcement in connection with this recent movement in its share price.

Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

Contacts

Nicholas O'Shea, Creightons plc                                                                           01733 281000

Roland Cornish /Felicity Geidt, Beaumont Cornish Limited    0207 628 3396

Approved for publication

Nicholas O'Shea

Director, Creightons plc

7 July 2020

 

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