LONDON (AFX) - Lambert Howarth Group PLC said it expects to report results
for the year ended Dec 31 in line with market expectations despite trading
conditions remaining challenging.
The company also said it will shortly announce the appointment of a new
group finance director after incumbent John Gibson retires in May.
Detailing its current position, Lambert Howarth said trading in the first
two months of the current financial year has continued to be difficult, although
it is confident its first half order book will be converted into profitable
sales over coming months, "making up much of this shortfall."
The company added it has appointed PricewaterhouseCoopers to act as its
financial adviser, with whom it intends to review its strategic options, and
these may involve the raising of new equity.
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