23rd May 2013 07:00
23 May 2013
Embargoed until 07:00
Hydro International plc
("Hydro" or the "Group")
AGM Statement
Hydro International plc (AIM: HYD), a leading provider of environmentally sustainable and innovative products for the control and treatment of water, will be holding its Annual General Meeting today at 12 noon at the Group's headquarters located at Shearwater House, Clevedon Hall Estate, Victoria Road, Clevedon, BS21 7RD. At the meeting, the Board will make the following update.
The trading environment, particularly in the UK construction sector, has remained challenging through the first quarter of 2013 and the Group's outlook, therefore, remains broadly unchanged from the view expressed in the 2012 Annual Report.
Looking forward, the Group is committed to investing in a broad range of improvements and initiatives that are expected to generate new and sustainable growth opportunities in the medium to long-term. In this regard, the Group was delighted to recently announce the appointment of Michael Jennings as Chief Executive Officer. Michael will take up his role on 22 July 2013, and his arrival signals a major strengthening of the Group's management talent.
The Group will release interim results for the six months' ending 30 June 2013 on Tuesday 3 September 2013.
For further information please contact:
Hydro International | Arden Partners plc | Newgate Threadneedle |
Tel.+44 (0)1275 878371 | Tel. +44 (0)20 7614 5917 | Tel. +44 (0)20 7653 9850 |
Roger Lockwood, Chairman | Richard Day | John Coles |
Tony Hollox, CFO | Steven Douglas | Fiona Conroy |
About Hydro International
Hydro International plc (AIM:HYD.L) (Hydro) is a global supplier of environmentally sustainable solutions and innovative products for the control and treatment of stormwater, wastewater and combined sewer overflows. Hydro's products use a range of advanced technologies including award-winning advanced vortex technology. Headquartered in Clevedon, North Somerset, Hydro also operates in the UK from offices in Ely, Cambridgeshire as well as across the US from bases in Portland, Maine and Hillsboro, Oregon. The Group has a growing presence outside of its core US and UK markets in Ireland, Egypt, Middle East, European Union, Malaysia, Singapore, Japan, Korea, Australia and New Zealand.
Please visit the website for further information www.hydro-international.biz.
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