13th Dec 2007 07:00
Devro PLC13 December 2007 13 December 2007 DEVRO PLC TRADING UPDATE In advance of the company's close period, Devro plc today announces that tradingis in line with expectations with volume growth in most major marketsstrengthening in the latter part of the year. In addition, the company has been advised that the contract signed in respect ofthe sale of land at Moodiesburn in 2005 will generate further cash receipts of£1.0 million. This exceptional gain will be included in the financial resultsfor this year. The preliminary results for the year ending 31 December 2007 are expected to bereleased on 5 March 2008. Enquiries: Anita Scott Brunswick Group LLP 020 7404 5959Mark Antelme Notes to editors: Devro (www.devro.plc.uk) is the world's leading manufacturer of collagenproducts for the food industry. In addition, the company manufactures a range ofplastic casings, supplies customers in the food industry with a range ofdistributed products and also supplies pure collagen raw materials for use inthe healthcare industry. With manufacturing facilities in three continents and2006 revenue in excess of £150m, Devro products are sold worldwide. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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