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RNS Number : 6163T Thorpe(F.W.) PLC 16 November 2023
16 November 2023
FW Thorpe Plc
Annual General Meeting statement
At the Annual General Meeting of FW Thorpe Plc to be held at 3.15pm today,
Chairman, Mike Allcock, publishes the following statement:
"Since the beginning of the new financial year, orders and revenue are
marginally ahead of the same period last year - there being some ups and downs
across the Group. We expect half-year results to be similar to last year.
The sales teams remain positive, the pipeline is good but projects seem a
little slower to materialise than in past years.
New product development remains a high priority and various exciting product
innovations are under development.
The long-term picture is always more challenging to determine, however, our
geographical and sector diversity combined with our energy saving solutions
present opportunities to target profitable growth."
For further information, please contact:
FW Thorpe Plc Tel: 01527 583200
Mike Allcock - Chairman and Joint Chief Executive
Craig Muncaster - Joint Chief Executive and Group Financial Director
Singer Capital Markets - Nominated Adviser and Broker Tel: 020 7496 3000
James Moat/Sam Butcher
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