Interim Management Statement

RNS Number : 2368D

Molins PLC

25 April 2013

 



FOR IMMEDIATE RELEASE                                                                                              25 April 2013

MOLINS PLC

INTERIM MANAGEMENT STATEMENT

Molins PLC, the international specialist engineering and services company, is holding its Annual General Meeting today and is issuing its interim management statement covering the period from 1 January 2013, the start of the Company's financial year, to date.

Both order intake and the Group's Order book, for delivery this year, are ahead of the same period last year. Sales and performance have been in line with the board's expectations.

The Food & Drug Administration, which regulates tobacco products in the USA, has yet to publish guidance in respect of its reporting requirements for tobacco products. Within the Group's Scientific Services division the USA laboratory business is well placed to respond to market demand as testing is required and the instrumentation business is benefitting from a particularly strong start to the year.

The board's expectation of Group performance in the year remains unchanged. There has been no significant change in the financial position of the Group since 31 December 2012,

Enquiries:

Molins PLC                                                                          Canaccord Genuity

Tel: [phone]                                                     Tel: [phone]

Dick Hunter, Chief Executive                                                Bruce Garrow

David Cowen, Group Finance Director

MHP Communications

Tel: [phone]

Andrew Jaques, Simon Hockridge

 

END

 

 

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