LWB Low & Bonar Plc

 

TIDMLWB 
 
RNS Number : 8791J 
Low & Bonar PLC 
08 April 2010 
 

 
 
 
 
 
8 April 2010 
 
 
                                  Low & Bonar 
 
                          Interim Management Statement 
 
At this morning's AGM of Low & Bonar PLC ("the Group"), the international 
performance materials group, Chairman Duncan Clegg will make the following 
statement which also comprises the Group's Interim Management Statement for the 
period from 1 December 2009 to date: 
 
"The Group continues to trade in line with the Board's expectations. 
 
During the period since the year end sales have continued to improve compared to 
the prior year, with the transport, carpet and leisure sectors making 
significant progress.  The improvement in these sectors has been partly offset 
by the impact of the adverse weather conditions on our civil engineering and 
building products activities. However, these markets did improve towards the end 
of the first quarter of the financial year. 
 
The Group is therefore confident of making the expected progress during 2010 
towards the financial targets that the Group has set." 
 
 
For further information please contact: 
 
 
Low & Bonar PLC                                                     +44 (0)20 
7535 3180 
Steve Good, Chief Executive 
Kevin Higginson, Finance Director 
 
Hogarth+44 (0)20 7357 9477 
Andrew Jaques / Rachel Hirst / Ian Payne 
 
 
 
Forward looking statements 
 
This announcement includes statements that are, or may be deemed to be, "forward 
looking statements". These forward looking statements can be identified by the 
use of forward looking terminology, including, but not limited to, the terms 
"believes", "estimates", "anticipates", "expects", "may", "will", "would", 
"could" or "should" or, in each case, their negative or other variations or 
comparable terminology. These forward looking statements include matters that 
are not historical facts. 
 
By their nature, forward looking statements involve risks and uncertainties 
because they relate to events and depend on circumstances that may or may not 
occur in the future. Forward looking statements are not guarantees of future 
performance. The Group's actual results of operations, financial condition and 
liquidity may differ materially from the impression created by the forward 
looking statements contained in this announcement. In addition, even if the 
results of operations, financial condition, and liquidity are consistent with 
the forward looking statements contained in this announcement, those results or 
developments may not be indicative of results or developments in subsequent 
periods. Important factors that could cause these differences include, but are 
not limited to: changes in the competitive framework in which the Group operates 
and its ability to retain market share; the Group's ability to generate growth 
or profitable growth; the Group's ability to generate sufficient cash to service 
its debt; the Group's ability to control its capital expenditure and other 
costs; significant changes in exchange rates, interest rates and tax rates; 
significant technological and market changes; future business combinations or 
dispositions; and general local and global economic, political, business, and 
market conditions. In light of these risks, uncertainties and assumptions, the 
events described in the forward-looking statements in this announcement may not 
occur. 
 
Other than in accordance with their legal or regulatory obligations, the Group 
does not undertake any obligation to update or revise publicly any forward 
looking statement, whether as a result of new information, future events or 
otherwise. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IMSSSASAAFSSEDL 
 

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