24th May 2006 14:17
Low & Bonar PLC24 May 2006 24 May 2006 Low & Bonar PLC - AGM Statement The Chairman of Low & Bonar PLC, Duncan Clegg, will make the following statementat today's Annual General Meeting: "Despite increasing raw material price pressures I am pleased to report thatoverall trading remains in line with our expectations. Group revenue iscontinuing to progress, based on both organic and acquisition-driven growth. Ourorganic growth is based primarily on gains in market share as opposed to anysignificant improvement in underlying market growth rates. Our threeacquisitions in the last 12 months - Xirion, Geotipptex and Threshold - areperforming to plan and we continue to pursue other value-enhancing acquisitionsof varying size." Enquiries:Duncan Clegg, ChairmanPaul Forman, Group Chief ExecutiveLow & Bonar PLC - Tel: 020 7535 3180 David TrenchardPeter HewerTulchan Communications - Tel: 020 7353 4200 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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