19th May 2009 11:50
Stilo International plc (the "Company" or "Stilo")
AGM Statement
Trading results in the first few months of 2009 have been adversely affected by general project delays, corporate budget cuts and general economic conditions remaining uncertain. The Company retains sufficient financial resources for current levels of activity, but the board is in the process of taking precautionary cost-saving measures to guard against a sustained downturn and ensure we are well positioned as and when trading conditions improve.
19 May 2009
Enquiries:
Stilo International plc 01793 441444
Les Burnham, Chief Executive
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Russell Cook / Carl Holmes
Related Shares:
Stilo