Swallowfield PLC AGM Statement (9496V)
November 09 2017 - 2:00AM
UK Regulatory
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RNS Number : 9496V
Swallowfield PLC
09 November 2017
Swallowfield plc
("Swallowfield" or the "Group")
AGM Statement
Swallowfield plc, a market leader in the development,
formulation, and supply of personal care and beauty products,
including its own portfolio of brands, will be holding its' Annual
General Meeting at 12 noon today. At the meeting, Brendan Hynes,
Non-Executive Chairman, will make the following statement:
"The Board is pleased to report that trading in the first four
months of the year is in line with expectations.
We continue to see strong momentum in our branded business, with
the first half year being positively impacted by another year of
growth in our Christmas gifting ranges and further retail
distribution gains in the UK and France.
Our manufacturing business is also performing steadily against
strong prior year comparators. As previously indicated we are
seeing volumes normalise against the significant new products
launched in the first half of last year. Pleasingly, there is a
fresh wave of new product launches and contract wins that will
contribute to our full year performance and bode well for future
momentum. This is likely to give a second half bias to the year in
this segment of the business.
While we remain conscious of the continuing macro uncertainty
both in the UK and internationally, overall we expect to maintain
our positive progress and are well positioned to deliver against
our expectations for the full year"
For further information please contact:
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Swallowfield plc
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Chief Executive 01823 662
Chris How Officer 241
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01823 662
Mark Warren Group Finance Director 241
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Alex Price / Jen 020 7496
Boorer N+1 Singer 3000
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Josh Royston / Hilary 020 8004
Buchanan Alma PR 4218
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This information is provided by RNS
The company news service from the London Stock Exchange
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