22nd Jul 2016 09:41
LONDON (Alliance News) - Foundry and engineering group Chamberlin PLC on Friday said trading in the first quarter met its expectations and its results will be weighted to the second half.
Speaking ahead of the company's annual general meeting, Chairman Keith Butler-Wheelhouse said trading in the quarter to the end of June met the firm's expectations, with the implementation of new machining capacity on track.
He said results for the year to the end of March 2017 will be weighted towards the second half, in line with the prior financial year.
Butler-Wheelhouse added it remains too early to comment on any potential implications of the Brexit vote on the long term outlook for the company.
Shares in Chamberlin were untraded Friday, having last traded at 53.25 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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