REG - Norish Plc - Trading update ahead of AGM

Roebuck FoodAnnouncement

23/05/2018 07:05

RNS Number : 9461O
Norish PLC
23 May 2018
 


Norish plc ("Norish" or the "Company")
 
Trading update ahead of AGM
 
 
Ahead of its Annual General Meeting at 11am today, Norish provides the following update on its performance.
 
Ted O'Neill, Chairman:
 
"2017 was a year of considerable progress for the Company. At the time of the publication of full year results, in March 2018, I said that I anticipated another year of strong profit growth in 2018. I am happy to report that, after four months of trading, this remains the case.
 
In the first four months of 2018, our Cold Store division (comprising by far the largest percentage of our capital employed) has seen profits increase by 30% compared with the same period last year.
 
Our Sourcing division is trading in line with expectations and our Dairy division continues to make progress both operationally and strategically. Our Dairy division is very well placed to grow profits and returns in the years ahead."
 
ENDS
 
 



Norish







Aidan Hughes, Finance Director


Telephone: + 44 1293 862 498












Davy (Nominated Adviser)


Telephone: +353 1 6796363



Anthony Farrell
Matthew de Vere White




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
TSTPGUCAAUPRGMP