RNS Number : 0421I
  ATH Resources plc
  13 November 2008
   


    


 Press Release    13 November 2008



    ATH Resources plc

    ("ATH Resources" or "the Company")


    Preliminary Results - Wednesday 3 December 2008


    ATH Resources plc, one of the UK's largest coal producers, advises that it will be announcing its Preliminary Results for the year ended
30 September 2008 on Wednesday, 3 December 2008.

    An analyst briefing given by David Port (Non-Executive Chairman), Tom Allchurch (Chief Executive) and Steven Beaumont (Group Finance
Director) will be held at 9.30 am on Wednesday, 3 December 2008 at Abchurch Communications Ltd, 5th Floor, 100 Cannon Street, London, EC4N
6EU.
       
    - Ends - 


    For further information:
 ATH Resources plc
 Tom Allchurch, Chief Executive   Tel: +44 (0) 1302 760 462
 tom.allchurch@ath.co.uk                     www.ath.co.uk 

 Evolution Securities Limited
 Joanne Lake / Peter Steel      Tel: +44 (0)113 243 1619
 joanne.lake@evosecurities.com     www.evosecurities.com

    Media enquiries:
 Abchurch
 Charlie Jack / George Parker/ Mark Dixon  Tel: +44 (0) 20 7398 7706
 George.parker@abchurch-group.com             www.abchurch-group.com


    Notes to Editors
    ATH, the UK-based coal and land regeneration company, was listed on the AIM market in June 2004 and operates five surface coal mines in
Scotland: Skares Road, Grievehill and Laigh Glenmuir in East Ayrshire, Glenmuckloch in Dumfries and Galloway and Muir Dean in Fife.  

    The Group is currently the third largest producer of coal in the UK, producing approximately 2 million tonnes per annum. Coal is used to
generate around a third of the UK's electricity and the Group holds coal supply contracts with three of the UK's main electricity generating
companies.

    In addition to its operating mines, the Group also has a number of other coal mining projects in Scotland and two through its French
subsidiary, SRMMC including a series of six existing coal concessions in south-central France, covering an area of 36km2, with an estimated
resource of approximately 4.5 million tonnes of recoverable coal.

    In May 2006, the Group acquired ATH Regeneration, a successful coal recovery, land remediation and regeneration business with a
particular focus on colliery spoil heap reclamation projects. The acquisition, which was earnings enhancing, enabled ATH to build on its
skills as a regenerator of land, whilst developing strong relationships with key English planning authorities. ATH Regeneration has been
successfully integrated into the Group. The operational diversification that the acquisition brings to the Group will be a significant
driver of ATH's organic growth going forward both in the UK and overseas.

    For the year ending 30 September 2007, the Group achieved turnover of �70.5 million, an increase of 30% on its 2006 year end, while
EBITDA was up 31% to �25.1 million for the same period.

    Further information on ATH Resources can be found at www.ath.co.uk



This information is provided by RNS
The company news service from the London Stock Exchange
 
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