26th Sep 2007 14:03
Bespak PLC26 September 2007 Bespak plc Annual General Meeting John Robinson, Chairman of Bespak plc will today confirm at the Annual GeneralMeeting an excellent performance over the year. "After two years of profit growth in excess of 20%, the Company remains ontarget to double 2005/6 profit before tax within five years. In setting thistarget we recognize that profit growth will be irregular and do not expectsteady linear progress toward our goal. "As announced in our interim management statement, trading is in line with the Board's expectations. The Company has completed a consultation process with 160 employees at its Milton Keynes site, and this has resulted in 53 redundancies and the elimination of 49 temporary positions. "The Company will propose a Resolution today at the AGM for the change of thename of the Company to Consort Medical plc. This name change reflects thecompany's strategy to focus on medical devices. The Bespak brand name will beretained in the Inhaled Drug Delivery business segment and the King Systemsbrand in the anaesthesia segment." For further information, please contact: Bespak plc Tel: +44 (0) 1908 525 240Mark Throdahl - Chief ExecutiveJon Glenn - Finance Director Maitland Tel: +44 (0) 207 379 5151Brian Hudspith Liz Morley This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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