Trading Statement

RNS Number : 7809I
Slingsby(H.C.)Plc
21 June 2011
 



 

H C SLINGSBY plc

 

Trading update

 

H C Slingsby plc ("Slingsby" or "the Company") announces the following trading update in relation to the current year ending 31 December 2011.

 

The factors underpinning the board's cautious view of the economic environment, as referred to in the Company's 21 April 2011 final results announcement, continue to prevail. A marked slowdown in activity levels meant that trading conditions during late April and May were very challenging, with June showing no signs of improvement. Given the lack of visibility over any recovery in demand, the directors now expect that trading for the full year will be below the board's previous expectations.

 

In light of Slingsby's diverse customer base, wide product selection and strong balance sheet, the board does, however, remain confident of the Company's ability to withstand these difficult conditions as well as its long-term prospects.

 

The Company's interim results for the six months ending 30 June 2011 will be released in September 2011.

 

 

 

For further information, please contact:

 

H C Slingsby plc

Tel:  01274 535 030

Dominic Slingsby, Managing Director

Ray Hudson, Financial Director

 

 

Evolution Securities Limited

Tel:  0113 243 1619

Joanne Lake

Casper Kaars

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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