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Trading Update

9th Nov 2011 07:00

RNS Number : 7243R
Densitron Technologies PLC
09 November 2011
 



Densitron Technologies plc

('Densitron' or the 'Company')

 

 

Trading Update

 

The Company is pleased to announce that trading in the second half of the financial year is continuing in line with management expectations; and that the business remains on track to achieve market expectations for the full year and the remaining two years of the Company's challenging three year growth plan. The Company's order book remains strong enabling management to be optimistic about the first quarter of 2012.

 

Our plans and strategy for organic growth have been underpinned by a number of operational developments.

 

·; The new Italian office continues to build a successful presence in that territory and is performing ahead of internal forecasts;

·; We have now appointed a general manager to develop the numerous opportunities that we have in India and this will lead to the establishment of an office there in January 2012;

·; We have recruited an additional experienced UK salesman to further develop an increasing number of opportunities in our home market.

 

We look forward to developing the business further across the rest of the year and into 2012.

 

 

Further information:

 

Densitron Technologies plc Westhouse Securities Limited

Grahame Falconer / Tim Pearson Tom Price / Martin Davison

Tel: 0207 648 4200 Tel: 020 7601 6100

 

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