15th Dec 2006 07:58
Yule Catto & Co PLC15 December 2006 Yule Catto & Co plc Pre-close Trading Statement Trading conditions for the Group in the second half of the year remain similarto that indicated in the interim statement, with results anticipated to bebroadly in line with market expectation. In particular, Polymer Chemicals continue to face a difficult raw materialenvironment as unexpected outages in the monomer supply chain restrict theiravailability, leading to further significant increases in input costs. However,good volume growth will deliver forward momentum in profit. Sales ofpharmaceutical active ingredients have been solid, but with no new major productlaunches, the normal pricing erosion of our generic products has impacted onprofitability. The full trading statement for the 12 months to 31 December 2006 will bereleased on 7 March 2007. 15 December 2006 ENQUIRIES: YULE CATTO Tel: 01279 442791Adrian Whitfield, Chief ExecutiveSean Cummins, Finance Director COLLEGE HILL Tel: 020 7457 2020Gareth David This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Synthomer