Molins PLC
30 June 2005
30 JUNE 2005 FOR RELEASE AT 07.00
MOLINS PLC
Pre-close trading update
Molins PLC, the international specialist engineering company, issues the
following trading update ahead of its interim results announcement in September
2005.
Trading conditions across the Group continue to be broadly in line with our
expectations as expressed at the AGM in April.
Order intake in the Tobacco Machinery division remains ahead of last year for
spares and service, but intake for original equipment and rebuilds remain weak.
The division continues to implement its restructuring programme. The
performance of the Packaging Machinery division is expected to be maintained at
similar levels to last year, with a particularly strong second half weighting.
The performance of the Scientific Services division remains ahead of last year,
as expected.
The Company also separately announced today the impact of International
Financial Reporting Standards on the Group and published a restatement of the
2004 results with reconciliations between UK GAAP and IFRS.
Enquiries: Molins PLC
David Cowen, Group Finance Director Tel: 01908 219000
Citigate Dewe Rogerson
Margaret George Tel: 020 7638 9571
This information is provided by RNS
The company news service from the London Stock Exchange
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