REG - Thorpe(F.W.) PLC - AGM Statement

FW ThorpeAnnouncement

21/11/2024 15:15

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RNS Number : 2036N  Thorpe(F.W.) PLC  21 November 2024

21 November 2024

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
modestly ahead of the same period last year, with the usual 'ebb and flow'
across the Group. The Board expects half-year results to be marginally ahead
of last year.

 

Thorlux has started the year positively, as hasve Zemper. The Dutch operations
are struggling to replicate the fantastic performance of 2023/24 but are
endeavouring to improve. TRT is demonstrating some positive signs of
improvement with a renewed sales team and new product introductions but
continues to trade below expectations.

 

The Group continues to target profitable growth utilising its broad sector and
geographical coverage, supported by its comprehensive product portfolio."

 

 

For further information, please contact:

 

 FW Thorpe Plc                                                    Tel:  01527 583200

 Mike Allcock - Chairman

 Craig Muncaster - 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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