5th Jul 2007 07:00
Cookson Group PLC05 July 2007 5 July 2007 TRADING UPDATE - RECENT TRADING IN LINE WITH EXPECTATIONS Cookson Group plc ("Cookson"), a leading materials science company, is issuingthis trading update ahead of its interim results for 2007. Trading results for the first five months of the year are in line with ourprevious expectations as noted in the AGM trading statement issued on 24 May2007. Based on current market conditions and trading results year to date, wecontinue to expect a significant improvement in the performance of ourcontinuing operations overall in 2007 on a constant currency basis. Cookson expects to announce interim results for the six months ended 30 June2007 on 2 August 2007. - Ends - For further information please contact: Shareholder/analyst enquiries: Nick Salmon, Chief Executive Cookson Group plc Mike Butterworth, Group Finance Director Tel: + 44 (0)20 7822 0000 Anna Hartropp, Investor Relations Manager Media enquiries: John Olsen Hogarth Partnership Tel: +44 (0)20 7357 9477 About Cookson Group plc Cookson Group plc is a leading materials science company operating on aworldwide basis in Ceramics, Electronics and Precious Metals markets. The Ceramics division is the world leader in the supply of advanced flow controlrefractory products and systems to the global steel industry and a leadingsupplier of specialist ceramics products to the glass, solar and foundryindustries. It is also the regional leader in the US, UK and Australia in thesupply and installation of monolithic refractory linings. The Electronics division is a leading supplier of advanced surface treatment andplating chemicals and assembly materials to the automotive, industrial,construction and electronics markets. The Precious Metals division is the leading supplier of fabricated preciousmetals (primarily gold, silver and platinum) to the jewellery industry in theUS, the UK, France and Spain. Products include alloy materials, semi-finishedjewellery components and finished jewellery. Forward Looking Statements This announcement contains certain forward looking statements which may includereference to one or more of the following: the Group's financial condition,results of operations, cash flows, dividends, financing plans, businessstrategies, operating efficiencies or synergies, budgets, capital and otherexpenditures, competitive positions, growth opportunities for existing products,plans and objectives of management and other matters. Statements in this document that are not historical facts are hereby identifiedas "forward looking statements". Such forward looking statements, including,without limitation, those relating to the future business prospects, revenue,working capital, liquidity, capital needs, interest costs and income, in eachcase relating to Cookson, wherever they occur in this document, are necessarilybased on assumptions reflecting the views of Cookson and involve a number ofknown and unknown risks, uncertainties and other factors that could cause actualresults, performance or achievements to differ materially from those expressedor implied by the forward looking statements. Such forward looking statementsshould, therefore, be considered in light of various important factors.Important factors that could cause actual results to differ materially fromestimates or projections contained in the forward looking statements includewithout limitation: economic and business cycles; the terms and conditions ofCookson's financing arrangements; foreign currency rate fluctuations;competition in Cookson's principal markets; acquisitions or disposals ofbusinesses or assets; and trends in Cookson's principal industries. The foregoing list of important factors is not exhaustive. When relying onforward looking statements, careful consideration should be given to theforegoing factors and other uncertainties and events, as well as factorsdescribed in documents the Company files with the UK regulator from time to timeincluding its annual reports and accounts. Such forward looking statements speak only as of the date on which they aremade. Except as required by the Rules of the UK Listing Authority and the LondonStock Exchange and applicable law, Cookson undertakes no obligation to updatepublicly or revise any forward looking statements, whether as a result of newinformation, future events or otherwise. In light of these risks, uncertaintiesand assumptions, the forward looking events discussed in this announcement mightnot occur. Cookson Group plc, 165 Fleet Street, London EC4A 2AERegistered in England and Wales No. 251977www.cooksongroup.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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