AGM Trading Update

RNS Number : 7476O

Epwin Group PLC

22 May 2018

 

22 May 2018

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Epwin Group Plc

AGM Trading Update

Epwin Group Plc, a leading manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors will make the following statement in respect of current trading at today's Annual General Meeting.

"The Board anticipates meeting market expectations for 2018, despite the impact of adverse weather on trading in the early part of the year and some continuing materials cost inflation. Consequently a greater weighting of profit towards the seasonally busier second half year is expected when compared with more recent years.   Delivery of the site consolidation programme is continuing in line with plan and the Group continues to make good progress in pursuit of its broader strategic objectives.   Whilst in the short term the RMI market demand is expected to remain lacklustre, the Board retains its positive view of the medium-term prospects for this key market."

Contact information

Epwin Group Plc Jon Bednall, Chief Executive Chris Empson, Group Finance Director	020 3128 8100
Zeus Capital Limited (Nomad and Joint Broker) Nick Cowles / Jamie Peel John Goold / Dominic King	0161 831 1512 0203 829 5000
Panmure Gordon (UK) Limited (Joint Broker) Erik Anderson / Andrew Potts MHP Communications Reg Hoare / Charlie Barker / Florence Mayo	0207 886 2500 020 3128 8100

About Epwin

Epwin is a leading manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors.

The Company is incorporated, domiciled and operates principally in the United Kingdom.

www.epwin.co.uk

 

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