TIDMHVE

RNS Number : 0485Q

Havelock Europa PLC

07 September 2017

HAVELOCK EUROPA PLC

Trading update

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

The Directors of Havelock Europa PLC (HVE.L) expect that results for the year ending 31 December 2017 will fall considerably below expectations, due to delays in the commencement of work for key customers and lower-than-anticipated orders from the public sector. These developments are set against the previously announced backdrop of reduced activity in the first half and costs associated with the implementation of the ERP (Enterprise Resource Planning) system.

A further update will be provided as part of the interim results announcement, which is expected to be released on 27 September.

Enquiries:

   Havelock Europa PLC                                                                01592 648480 

David Ritchie, CEO

Donald Borland, CFO

   WH Ireland Group plc (Nomad)                                           020 7220 1650 

Chris Fielding

   Charlotte Street Partners (media enquiries)                  0131 516 5310 

David Gaffney

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 07, 2017 02:01 ET (06:01 GMT)

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