Epwin Group PLC AGM Trading Update (7476O)
May 22 2018 - 6:43AM
UK Regulatory
TIDMEPWN
RNS Number : 7476O
Epwin Group PLC
22 May 2018
22 May 2018
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
Epwin Group Plc
AGM Trading Update
Epwin Group Plc, a leading manufacturer of low maintenance
building products, supplying the Repair, Maintenance and
Improvement ("RMI"), new build and social housing sectors will make
the following statement in respect of current trading at today's
Annual General Meeting.
"The Board anticipates meeting market expectations for 2018,
despite the impact of adverse weather on trading in the early part
of the year and some continuing materials cost inflation.
Consequently a greater weighting of profit towards the seasonally
busier second half year is expected when compared with more recent
years. Delivery of the site consolidation programme is continuing
in line with plan and the Group continues to make good progress in
pursuit of its broader strategic objectives. Whilst in the short
term the RMI market demand is expected to remain lacklustre, the
Board retains its positive view of the medium-term prospects for
this key market."
Contact information
Epwin Group Plc
Jon Bednall, Chief
Executive
Chris Empson,
Group Finance
Director 020 3128 8100
Zeus Capital Limited
(Nomad and Joint
Broker)
Nick Cowles /
Jamie Peel
John Goold / Dominic
King 0161 831 1512
0203 829 5000
Panmure Gordon
(UK) Limited (Joint
Broker)
Erik Anderson
/ Andrew Potts
MHP Communications 0207 886 2500
Reg Hoare / Charlie
Barker / Florence
Mayo 020 3128 8100
About Epwin
Epwin is a leading manufacturer of low maintenance building
products, supplying the Repair, Maintenance and Improvement
("RMI"), new build and social housing sectors.
The Company is incorporated, domiciled and operates principally
in the United Kingdom.
www.epwin.co.uk
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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