15th Oct 2012 07:00
AIM: CMH
CHAMBERLIN plc
("Chamberlin" or "the Group")
Trading Update
Chamberlin, the specialist foundry and engineering group, is pleased to provide the following update on trading for the six months to 30 September 2012.
Trading results for the first six months of the financial year are expected to be in line with management expectations, with profitability ahead of the comparative period last year. Chamberlin's financial position continues to be healthy, with the Group generating strong cash flows. This has been achieved against a trading backdrop which has seen signs of softening market conditions as the European economies slow.
Chamberlin will provide an update on prospects for the full year when half year results are published at the end of November.
For further information, please contact:
Chamberlin plc | T: 01922 707100 | |
Tim Hair, Chief Executive | ||
Mark Bache, Finance Director | ||
Charles Stanley Securities (Nominated Adviser) | T: 020 7149 6000 | |
Russell Cook / Carl Holmes | ||
Biddicks | T: 020 3178 6378 | |
Katie Tzouliadis |
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CMH.L