TIDMMBK 
 
RNS Number : 3327Q 
Millbrook Scientific InstrumentsPLC 
08 April 2009 
 
Millbrook Scientific Instruments plc 
("Millbrook" or the "Group") 
 
 
TRADING UPDATE - 8 April 2009 
Millbrook Scientific Instruments plc (AIM:MBK), the designer and manufacturer of 
innovative scientific instruments that measure nanoscale properties of thin 
films and coatings, today provides the following trading update for the year 
ended 31 March 2009. 
  *  Total Group sales (unaudited) for FY2009 GBP2.87m (FY2008 continuing operations 
  - GBP2.5m); 
    *  Second half FY2009 Group sales (unaudited) were GBP1.6m (second half FY2008 
    continuing operations - GBP1.5m); 
 
  *  EBITDA for the second half of FY2009 expected to be in line or higher than that 
  reported in the interim results announced on 16 December 2008; 
  *  Net funds at 31 March 2009 (unaudited) were GBP447,000 (31 March 2008 - 
  GBP73,476). During the year the group funded, out of its own cash flow, 
  production of new test evaluation equipment and the move to a new facility in 
  Wrexham; 
  *  Order intake during FY2009 was on budget for both NanoTest and MiniSIMS, 
  totalling GBP2.9m for the Group.  The value of orders already received for 
  shipment in FY2010 is very similar to this time last year; 
 
 
 
  *  Production: 
  *  
    *  All targets were hit at Wrexham; 
    *  Processes have been improved at Blackburn but shipments for the year fell just 
    short of target. A reorganisation of the workspace is planned, together with a 
    new network and a more powerful server which will facilitate remote 
    demonstrations; 
 
 
 
 
  *  Development 
  *  
    *  Environmental control enclosure for NanoTest now available. This enables testing 
    of samples at lower partial pressures of oxygen thereby reducing sample 
    oxidation when testing at elevated temperatures up to 750ºC'; 
    *  Improved data analysis software for MiniSIMS will be rolled out during the first 
    half of FY2010; 
 
 
 
 
  *  Economic conditions: 
  *  
    *  Performance and order intake in the second half of FY2009, when the global 
    economic downturn really took hold, remained satisfactory; 
    *  A substantial majority of the Group's sales are to academic and other research 
    institutions. Recently announced economic stimulus packages around the world 
    would seem likely to maintain or even potentially increase the funds available 
    for scientific instruments in universities and government labs; 
    *  However in last year's revised business plan, the Board had anticipated that the 
    Group would be able to achieve increased medium term growth rates by expanding 
    the sales of MiniSIMS to global manufacturing companies. The Board now expects 
    that the present weakness in the semiconductor industry and a number of other 
    important global manufacturing industries will continue for some considerable 
    time and has accordingly revised downwards its expected medium term growth rates 
    for MiniSIMS sales; 
    *  Weakness of pound sterling is generally beneficial although some supplies are 
    sourced in other currencies. 
 
 
 
 
  *  The Group expects to announce its preliminary results for FY2009 in early July 
  2009. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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