REG - Volex PLC - AGM Statement <Origin Href="QuoteRef">VLX.L</Origin>

VolexAnnouncement

06/09/2014 18:30

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RNS Number : 7157M
Volex PLC
18 July 2014 
 
18 July 2014 
 
Volex plc 
 
Annual General Meeting and Interim Management Statement 
 
Volex plc ('Volex' or the 'Group'), the leading global provider of power and
data cabling solutions, is today holding its Annual General Meeting during
which the Chairman will make the following statement on trading for the three
months ended June 2014. 
 
"It is pleasing to confirm that the trading recovery that was reported at the
time of the Group's preliminary results announcement on 12 June 2014 has
continued. Results for the first quarter of the year were ahead of our
expectations in terms of both revenues and profitability. The successful fund
raising and renewal of banking facilities announced alongside the preliminary
results has meant that the Group can move forward with delivering the Volex
Transformation Plan at an accelerated pace and thereby ensuring that a return
to growth can be ensured in a sustainable manner. 
 
-     Ends - 
 
For further information please contact: 
 
Volex plc 
 
Christoph Eisenhardt                   Chief Executive Officer   +44 20 3370
8830 
 
Nick Parker                                   Chief Financial Officer  +44 20
3370 8830 
 
Tulchan Communications 
 
Christian Cowley / James Macey White                                 +44 207
353 4200 
 
Forward looking statements 
 
Certain statements in this announcement are forward-looking statements which
are based on Volex's expectations, intentions and projections regarding its
future operating performance and objectives, anticipated events or trends and
other matters that are not historical facts. Forward-looking statements are
sometimes, but not always, identified by their use of a date in the future or
such words as 'anticipates', 'aims', 'could', 'may', 'should', 'expects',
'believes', 'intends', 'plans', 'targets', 'goal' or 'estimates'. By their
very nature forward-looking statements are inherently unpredictable,
speculative and involve risk and uncertainty because they relate to events and
depend on circumstances that will occur in the future. There are a number of
factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements. Factors
that could cause or contribute to such differences include, by way of example
only and not limited to, general economic conditions, currency fluctuations,
competitive factors, the loss or failure of one or more major customers,
changes in raw materials or labour costs. Given these risks and uncertainties,
prospective investors are cautioned not to place undue reliance on
forward-looking statements. Forward-looking statements speak only as of the
date of such statements and, except as required by applicable law, Volex
undertakes no obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events or
otherwise. 
 
This information is provided by RNS
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