API Group PLC Api Group Plc : Agm Statement
July 11 2013 - 4:43AM
UK Regulatory
TIDMAPI
11 July 2013
API Group plc
("API" or the "Group")
AGM Statement
API Group plc (AIM:API), the leading manufacturer of specialist foils
and packaging materials, will be holding its Annual General Meeting
today at 2.00 p.m. at the offices of Eversheds LLP, One Wood Street,
London EC2V 7WS.
At the Annual General Meeting, Richard Wright, Chairman of API Group plc,
will provide the following trading update:
"At the time of our full year results announcement on 5(th) June 2013,
the Board's expectation was for further progress in operating results
this year with a weighting towards the second half as volumes build on
the new Laminates supply contract and the recovery in Holographics gains
strength. The Group has made a relatively slow start to the new
financial year, especially compared to last year's strong first half
performance. While the weaker start has increased reliance on sales
developments which have yet to come fully on stream, the Board's
expectations for the year as a whole remain unchanged."
- Ends -
For further information:
API Group plc
Andrew Turner, Group Chief Executive Tel: +44 (0) 1625 650 334
Chris Smith, Group Finance Director www.apigroup.com
Cairn Financial Advisers LLP (Nominated Adviser)
Tony Rawlinson / Avi Robinson Tel: +44 (0) 20 7148 7900
www.cairnfin.com
Numis Securities (Broker)
James Serjeant Tel: +44 (0) 20 7260 1000
www.numis.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Quincy Allan Tel: +44 (0) 20 7398 7710
quincy.allan@abchurch-group.com www.abchurch-group.com
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: API Group PLC via Thomson Reuters ONE
HUG#1715748
http://www.apigroup.com/index.html
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