Trading Statement (9737A)

TIDMSNCL

RNS Number : 9737A

Sinclair (William) Holdings PLC

10 April 2012

William Sinclair Holdings PLC

('William Sinclair' or 'the Company')

Trading Update

William Sinclair, one of the UK's leading suppliers of growing media, is pleased to announce that trading for the 6 months to 31 March 2012 is in line with market expectations.

After a slightly later start this year, the important spring sales season is now very much underway. The Company has invested in the necessary infrastructure to cope with the huge uplift in demand which arises at this time of year. This allows William Sinclair to ensure that its customers continue to have product available throughout the busy period.

The Company's specialist soils division, Freeland Horticulture, has performed well due to both the increase in demand for its new peat substitute product and the contribution from the final stages of the top soil contract at the Olympic Park.

The Board remains confident that the horticulture industry remains relatively recession resistant and that the Company's target market within the industry is particularly resilient.

William Sinclair will announce its interim results to 31 March 2012 on Monday 11 June 2012.

For further information:

www.william-sinclair.co.uk

 
 William Sinclair Holdings   Tel: 01522 537561 
  Plc 
 Bernard Burns, Chief Executive 
 Peter Williams, Finance Director 
 
 
 Westhouse Securities   Tel: 020 7601 6100 
 Adam Lloyd 
 Paul Gillam

This information is provided by RNS

The company news service from the London Stock Exchange

END

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