Information  X 
Enter a valid email address

Datrontech Group PLC (DTR)


Friday 26 May, 2000

Datrontech Group PLC

AGM Statement

Datrontech Group PLC
26 May 2000

                   AGM STATEMENT

In common with many companies in the industry trading has
been slow to pick up after the build up in 1999 to the
Millennium. The first quarter's trading has been profitable
but mixed, against the background of a generally slack
market place. April was disappointing, and the current
outlook indicates that the first half is likely to show a

The Board has approved a business improvement plan prepared
by the new Chief Executive, Ray Peck, and the management
team. This involves a re-focusing of the business in order
to improve the effectiveness and efficiency of the business
with a view to improving performance.

In its chosen sectors Datrontech retains a strong market
position in the UK, the Netherlands, Belgium and
Switzerland. The Board believes that the implementation of
the business improvement plan will reinforce the Group's
position and lay the foundation for a better performance in
the second half of the year and beyond that to 2001.

For further information please contact:

Ray Peck, Chief Executive                  01256 360360

David Holloway, Finance Director           01256 360360

Andy Yeo, Buchanan                         07973 217863


a d v e r t i s e m e n t