Trading Statement
October 05 2009 - 5:20AM
UK Regulatory
TIDMSC.
RNS Number : 2196A
Supercart PLC
05 October 2009
Supercart plc
("Supercart" or the "Company")
Supercart, the UK company involved in the design, marketing and distribution of
plastic shopping trolleys, which announced its interim results for the six
months to 30 June 2009 on 29 September, is pleased to provide a further update
to trading in the financial year ending 31 December 2009.
The Company can confirm that it has won some recent contract additions in the US
with retailers including Target Corporation, Toys R Us, Burlington Coat Stores
and Pep Boys and as such the Company is now expected to achieve a pre-tax profit
for the in the six months to 31 December 2009. The Company reported a pre tax
loss of GBP1.1 million in the first six months of 2009.
The Board is particularly pleased with the integration of Rehrig into
Supercart's North American operations. Since the purchase of Rehrig assets in
March 2009 the Company believes that it will retain a significant proportion of
Rehrig's former major customers. The Company currently has orders for 42,500
trolleys in North America and believes that it is reasonable to expect further
significant orders will be forthcoming in 2009.
Enquiries:
Supercart plc
01732 459898
Chief Executive
Mike Wolfe
Charles Stanley Securities
020 7149 6000
Nominated Adviser and Broker
Russell Cook/Ben Johnston/Carl Holmes
Tavistock Communications
020 7920 3150
Jeremy Carey/Andrew Dunn
This information is provided by RNS
The company news service from the London Stock Exchange
END
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