REG - Chamberlin PLC - AGM Statement <Origin Href="QuoteRef">CMH.L</Origin>

ChamberlinAnnouncement

06/09/2014 22:42

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RNS Number : 8034N
Chamberlin PLC
31 July 2014 
 
AIM: CMH 
 
CHAMBERLIN plc 
 
("Chamberlin" or "the Group") 
 
AGM Statement 
 
Chamberlin, the specialist foundry and engineering group, will be holding its
Annual General Meeting today and Chairman, Keith Butler-Wheelhouse, will
provide the following update on current trading: 
 
"Group revenue in the first quarter has been in line with management
forecasts. The cost reduction activity initiated by the new management team in
the fourth quarter of 2013 is generating a more positive outcome for the
Group.  Measures to achieve further cost efficiencies are being taken which
the Board anticipates will generate improved profitability for the current
year significantly above current market expectations." 
 
Enquiries 
 
 Chamberlin plc (www.chamberlin.co.uk)Kevin Nolan, Chief ExecutiveDavid Roberts, Finance Director    T: 01922 707100   
                                                                                                                       
 Charles Stanley Securities                                                                          T: 020 7149 6000  
 (Nominated Adviser and Broker)Russell Cook / Carl Holmes                                                              
                                                                                                                       
 KTZ Communications (Financial PR)Katie Tzouliadis / Deborah Walter                                  T: 020 3178 6378  
 
 
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