REG - Carclo plc - Trading Statement & Delay in 2025 Audited Results

CarcloAnnouncement

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RNS Number : 4438Q  Carclo plc  10 July 2025

10 July 2025

 

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Carclo plc

Trading Statement and Delay in 2025 Audited Financial Statements

 

Carclo plc ("Carclo" or the "Group"), a global leader in precision engineering
solutions, today announces a delay to the publication of the audited financial
statements for the year ended 31 March 2025.

 

Delay in publication of the audited financial statements for the year ended 31
March 2025

 

Forvis Mazars LLP, the Group's current auditor, has informed the Audit
Committee that it requires additional time to complete its audit procedures
for the year ended 31 March 2025.

 

The Group is disappointed with this situation and is working with Forvis
Mazars to ensure that the audit is completed as soon as possible. To date,
Carclo has not been informed of any significant audit issues affecting the
Group's consolidated financial statements.

 

As a consequence of the delay, Carclo expects that its shares will be
temporarily suspended from listing and trading from 1 August 2025 until the
audit is completed and the 2025 annual report and accounts are published.

 

Carclo recognises the importance of timely financial reporting and remains
committed to restoring its usual reporting timetable going forward. An audit
tender process is currently underway and we would expect to make an
announcement before the 2025 AGM.

 

Trading Statement

As set out in the trading update announced on 30 April 2025, the Group's
trading performance for the year ended 31 March 2025 exceeded management
expectations, with strong margin expansion in the second half.

 

Net debt (including leases) closed at £19.3 million, representing a
significant reduction of £10.2 million compared to £29.5 million at 31 March
2024, reinforcing the Group's financial resilience and strategic flexibility.

 

 

Further margin enhancement is anticipated as the full benefits of operational
optimisation initiatives materialise across all business units. Disciplined
approach to cash management and the ongoing operational excellence programme
are expected to drive sustained financial resilience and strategic
flexibility.

 

 

About Carclo plc

Carclo plc is a public company whose shares are quoted on the Main Market of
the London Stock Exchange. The Carclo Group is a global leader in
high-precision components with comprehensive, end-to-end manufacturing
capabilities. With expertise spanning mould design, automation, production,
assembly, and printing, Carclo supports critical growth sectors,
particularly life sciences, aerospace, and optics, with tailored, precision
solutions.

 

LEI: 21380078MEM399JPI956

 

Enquiries:

Carclo plc                    +44 (0) 20 8685 0500

Frank Doorenbosch - Chief Executive Officer

Ian Tichias - Chief Financial Officer

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