DET Deltron Elec.

RNS Number:0385L
Deltron Electronics PLC
3 October 2001


For Immediate Release                                         3rd  October 2001



                           Deltron Electronics plc

                         ("Deltron" or "the Company")

                                Trading Update

The Board of Deltron, one of the leading electromechanical component solution
providers in Europe, has assessed its trading position for the three months
period up to its 30th September year end.  As was indicated on 24th July 2001,
trading conditions this year have been depressed by difficult economic
conditions and the events in America on 11th September have exacerbated this
trend.

Pre-tax profits for the year ended 30th September 2001 are now expected to be
approximately #3.5m before exceptional items. Deltron plans to release its
Preliminary Results at the beginning of December, and in accordance with its
usual practice the Board will then be in a position to outline Group prospects
for the coming year.

Deltron has completed six acquisitions this year as the Company increases the
depth of its operations and their geographical reach across Europe.  In the
light of the prevailing business environment, integration of these companies
into the Group has been accelerated.  This restructuring will produce a leaner
Group more able to take advantage of the upturn in Europe when it occurs.
However, in the year to 30th September it will result in an exceptional cost
in the region of #500,000.

Deltron has a number of inherent strengths which should enable it to weather
the current economic storm and make a robust recovery.  Deltron now has
operations in nine continental European countries, economies which in the
recent past have shown relatively low levels of volatility.  At the same time
the Group's geographic reach has made it increasingly popular with
manufacturers looking for a pan-European capability.  The electromechanical
components sector is also inherently less cyclical than the semiconductor
market and the nature of Deltron's relationship with its customers is close
and long-term.

Deltron remains a robust, profitable company with a strong cash-flow and
excellent long-term prospects.


For further information, please contact:

Deltron Electronics plc                      01638 561156
Christopher Sawyer, CEO
Edward Tozer, Finance Director


Buchanan Communications                      020 7466 5000
Tim Anderson/Bobbie Swanson

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