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Trading Update

15th Jan 2009 07:00

RNS Number : 6457L
Symphony Environmental Tech. PLC
15 January 2009
 



15 January 2009

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

Trading Update

Symphony Environmental Technologies plc ("Symphony" or "the Group"), the degradable plastics and waste-to-energy Group, announces that it had finished the year 2008 making good progress in all areas. Revenues are expected to show £5.3 million for the year with trading results in line with expectations. Subject to audit and year end considerations, the trading results could show an improved position from that anticipated.

Contacts

Symphony

Michael Laurier, CEO

Tel: 020 8207 5900

Ian Bristow, FD

HB Corporate

Rod Venables

Tel: 020 7510 8600

Threadneedle Communications

Graham Herring / Alex White

Tel: 020 7653 9850

Further information on the Symphony Environmental Technologies Group of companies:

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC is a world leader in oxo-biodegradable eco-compatible plastic technology. The technology is recognised by the d2w® droplet logo on many thousands of tonnes of plastic products.

Symphony has a diverse and growing customer base and has established itself successfully as an international business. Its d2w® products can be found in more than 50 countries around the world and in many different product applications. Symphony is proud to be a member of the Oxo-biodegradable Plastics Association (www.biodeg.org).

Symphony is also developing innovative waste-to-energy technology and cost-effective processes to convert plastics, tyres and other waste-streams into valuable products.

Further information on the Symphony Group can be found at www.degradable.net

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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