Trading Update (7243R)
November 09 2011 - 2:00AM
UK Regulatory
TIDMDSN
RNS Number : 7243R
Densitron Technologies PLC
09 November 2011
Densitron Technologies plc
('Densitron' or the 'Company')
Trading Update
The Company is pleased to announce that trading in the second
half of the financial year is continuing in line with management
expectations; and that the business remains on track to achieve
market expectations for the full year and the remaining two years
of the Company's challenging three year growth plan. The Company's
order book remains strong enabling management to be optimistic
about the first quarter of 2012.
Our plans and strategy for organic growth have been underpinned
by a number of operational developments.
-- The new Italian office continues to build a successful
presence in that territory and is performing ahead of internal
forecasts;
-- We have now appointed a general manager to develop the
numerous opportunities that we have in India and this will lead to
the establishment of an office there in January 2012;
-- We have recruited an additional experienced UK salesman to
further develop an increasing number of opportunities in our home
market.
We look forward to developing the business further across the
rest of the year and into 2012.
Further information:
Densitron Technologies plc Westhouse Securities Limited
Grahame Falconer / Tim Pearson Tom Price / Martin Davison
Tel: 0207 648 4200 Tel: 020 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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