10th May 2006 11:36
Armour Group PLC10 May 2006 Armour Group plc Trading Statement In our Interim Statement released on 30 March 2006 we stated that marketconditions were challenging, particularly in our automotive business. Thetraditional Easter pick-up in the automotive market has not materialised withsales below expectations and there are no signs of any immediate improvement. Our home division continues to perform well and is expected to comfortablyexceed last year results. However, the launch of three key new products has beendelayed until late autumn. As a result, the full year operating profits are nowexpected to be lower than previously anticipated. The Alphason acquisition issettling into the Group well and is expected to meet the forecasts set at thetime of the acquisition. As a consequence of the above, it is now anticipated that the operating profitsfor the Group will be below current market expectations for the year to 31August 2006. For further information, please contact: Armour Group plc 01892 502 700George Dexter, Chief ExecutiveJohn Harris KBC Peel Hunt 0207 418 8900Richard Kaufer Weber Shandwick Square Mile 020 7067 0700Trevor Bass This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
OneView Group