14th Jun 2010 15:14
RNS Number : 5811N
Tex Holdings PLC
14 June 2010
Tex Holdings plc
Annual General Meeting - Monday 14th June 2010
Chairman's Update on Trading
In the continued difficult economic conditions and turmoil, trading has been difficult but in the circumstances satisfactory.
The Group has had to make further difficult decisions and cost cuts to allow the Group to be leaner and fitter to exploit the eventual upturn.
A number of the subsidiaries are showing early signs of improved trading. The Board however remains cautious as to the timing of the expected upturn in trading.
ARB Burrows
Chairman
14th June 2010
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