10th Mar 2016 07:00
10 March 2016
Fenner PLC("Fenner" or "the Group")
Pre-Close Trading Statement
Fenner confirms that trading performance in the first half of the financial year has remained in line with the expectations included in the AGM trading update issued on 13 January 2016, notwithstanding that end markets continue to be challenging, most notably oil & gas where the North American rig count has reduced further.
Net debt at 29 February 2016 was approximately £156m (28 February 2015: £177m at constant exchange rates).
The Group expects to release its Half Yearly Report on 27 April 2016.
ENDS
For further information please contact:
Fenner PLC | |
Mark Abrahams, Executive ChairmanJohn Pratt, Group Finance Director | 01482 62650001482 626500 |
Weber Shandwick Financial | |
Nick Oborne / Tom Jenkins | 020 7067 0700 |
Notes to editors:
Fenner PLC is a world leader in reinforced polymer technology, providing local engineered solutions for performance‐critical applications.
Related Shares:
Fenner PLC