AGM Statement
November 15 2007 - 2:04AM
UK Regulatory
RNS Number:7528H
Eleco PLC
15 November 2007
For Immediate Release 15 November 2007
ELECO PLC ('Eleco' or the 'Company')
Annual General Meeting Statement
Eleco plc, ( ELCO.L), the building systems and software group, wishes to update
the market on current trading and prospects ahead of its Annual General Meeting
which will be held at 12.00 noon today.
Updating shareholders on current trading, John Ketteley, Executive Chairman of
Eleco, said:
"I am pleased to report that turnover and profit of both our building systems
and software businesses were substantially higher in the first quarter than the
same period last year and that we continue to experience strong demand for our
products.
"The outlook for the majority of our business remains buoyant, as evidenced by a
significantly higher order book for our offsite construction products, strong
demand for our software and by our strong financial position and cash
generation. We therefore look forward with confidence to meeting the challenge
of the year ahead."
For further information please contact:
Eleco plc Tel: 01920 443 830
John Ketteley, Executive Chairman http://www.eleco.com
john.ketteley@eleco.com
David Dannhauser, Finance Director
david.dannhauser@eleco.com
Collins Stewart Europe Limited 020 7523 8350
Nick Ellis / Philip Roe
Buchanan Communications 020 7466 5000
Tim Anderson / Isabel Podda
This information is provided by RNS
The company news service from the London Stock Exchange
END
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