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Swallowfield PLC (BAR)

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Wednesday 20 April, 2005

Swallowfield PLC

Trading Statement

Swallowfield PLC
20 April 2005

                                 Swallowfield plc

                                  Trading update


In the last two weeks we have experienced an unexpected and significant number
of cancellations and reductions in call-offs from major customers.  This is
consistent with the very recent trading updates from a number of major high
street retailers and the increasing acknowledgement of a general weakness in
consumer confidence and spending.


This short-term situation is now expected to continue throughout April and May,
whilst June and July onwards continues to look busy.  In order to ensure that we
can meet our longer-term commitments, we have maintained our manufacturing
workforce in readiness and have shouldered the short-term cost.  We expect the
combination of these factors to have a considerable impact on our full year
results.


We believe that the current situation does not materially alter our policies or
long-term strategic aims.  The strong business position we enjoy in toiletries
and cosmetics is underpinned by the 3-year contract with PZ Cussons UK that we
confirmed on 29 March.  Against this background, we are continuing to review
possible acquisitions with a view to increasing market share in our core
business.


Notes to editors:

Swallowfield formulates, manufactures and packages fine quality household goods,
toiletries and cosmetics across the whole spectrum of consumer markets for own
label and brand names.

                      This information is provided by RNS
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