28th Jul 2005 13:17
UMECO PLC28 July 2005 28 July 2005 PRESS RELEASE UMECO plc AGM Statement At today's Annual General Meeting of UMECO plc, the leading internationalprovider of value-added distribution services and composite materials to theaerospace, defence and other industries, Chairman Brian McGowan made thefollowing statement on current trading: "We have made an excellent start to the year with business performance beingahead of this time last year. It is particularly pleasing that our current orderintake is running some £20 million ahead of deliveries on an annualised basis. "The civil aerospace market is recovering well, as demonstrated at the Paris AirShow, where over $45 billion of new orders were announced. This increasedactivity augers well for both our component distribution and compositesdivisions. The buoyancy of our markets, together with the investments being madeacross the Group, give us considerable confidence over our immediate and longterm prospects." - Ends - For further information, please contact: UMECO plc Tel: 01926 331 800Clive Snowdon, Chief ExecutiveJohn Beaumont, Finance Directorwww.umeco.com Hogarth Partnership Tel: 020 7357 9477John OlsenBarnaby Fry This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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