Trading Statement and interim results date
May 05 2009 - 2:00AM
UK Regulatory
TIDMSNCL
RNS Number : 6310R
Sinclair (William) Holdings PLC
05 May 2009
5 May 2009
WILLIAM SINCLAIR HOLDINGS PLC
Trading update and confirmation of interim results
William Sinclair Holdings Plc (William Sinclair, the Company) is one of the
UK's leading producers of commercial horticulture and branded garden products.
The Company provides peat and fertiliser products to the retail and commercial
sectors including Wyevale, Wilkinson, Tesco, Homebase and B&Q as well as an
extensive range of independent garden centres.
William Sinclair is
pleased to give the following trading update ahead of its interim results, which
will be announced on 1 June 2009.
Trading for the six months to 31 March 2009 was in line with the Company's
forecasts with strong sales during March. The subsequent Easter selling period,
an important time for sales, continued the positive trend. The favourable
weather in March and April has facilitated an early start to this year's peat
harvest.
Bernard Burns, Chief Executive of William Sinclair, said:
"The strengthening sales performance provides evidence that people are
spending more time in their gardens during the current difficult economic
situation. The increased fashion towards growing your own vegetables is having
a further benefit to the Company.
"Additionally the recent BBC Gardeners World programme about alternatives
to peat identified William Sinclair's New Horizon product as the best quality
alternative on the market also supported sales growth."
For further information:
William Sinclair Holdings Plc Tel: 01522
537561
Bernard Burns, Chief Executive
Peter Williams, Finance Director
Arbuthnot Securities Tel: 020
7012 2000
Alastair Moreton
Alasdair Younie
Madano Partnership Tel: 020 7593 4000
Mark Way
Dominic Barretto
This information is provided by RNS
The company news service from the London Stock Exchange
END
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