23rd Mar 2007 17:04
Coral Products PLC23 March 2007 CORAL PRODUCTS plc TRADING STATEMENT Friday 23rd March, 2007 Trading has remained difficult and the improvement we saw towards the end of2006 has not been maintained in 2007. Volumes in media based packaging havereduced and margins have continued to be affected by discounted selling pricesand increases to the cost base. Consequently the trading account for the yearto 30th April 2007 will result in a loss. We are presently moving into other markets where we consider the future to bemore predictable. We have obtained new orders and hope to have more positivenews by our year end. Geoffrey Piper Chairman This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Coral Products