28th Jul 2008 14:00
CHAMBERLIN PLC
28 July 2008
AGM STATEMENT
At today's AGM, Tom Brown, Chairman of Chamberlin plc made the following comment:
The Directors are pleased to confirm that trading in the current year is progressing as planned, despite the wide spread economic gloom. The business has, so far, been able to pass on significant increases in input costs, particularly for raw materials and energy, although these have increased working capital.
Present order books match management expectations, and although further cost pressure is likely, the Directors currently anticipate a full year result in line with market expectations.
For further information, contact details are:
Chamberlin plc
Tim Hair, Chief Executive 01922 707100
Mark Bache, Finance Director 01922 707100
Landsbanki Securities (UK) Ltd
Tom Hulme, NOMAD 020 7426 9000
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