AGM Statement (2442P)
September 30 2011 - 2:01AM
UK Regulatory
TIDMDWSN
RNS Number : 2442P
Dawson International PLC
30 September 2011
AIM: DWSN
DAWSON INTERNATIONAL PLC
AGM Statement
The Annual General Meeting of Dawson International PLC ("the
Company") will be held at 12 noon today in Edinburgh. At that
meeting the directors will give a short presentation, reviewing the
results and activities of the Company, which will subsequently be
posted on the Company's website www.dawson-international.co.uk
The Company will also provide the following comment on current
trading:
"Trading in the first half has been in line with expectations.
As expected, margins in both our UK and US Knitwear businesses have
been impacted by the increase in cashmere fibre prices and
indications are that prices will increase further in 2012 before
falling in 2013. In the current economic climate it is difficult to
predict the retail performance of our customers which affects the
level of any potential reorder business in the fourth calendar
quarter. However, our current order books indicate that we should
meet our sales forecasts for the full year. Meanwhile, our
discussions with the Pensions Trustees and the Pensions Regulator
are taking longer than expected to reach a conclusion and the
associated costs will consequently be higher."
For further information please contact:
Dawson International PLC:
Jim Carrie, Chief Operating Officer Tel: 01450 365503
Dave Cooper, Group Finance Director Tel: 01450 365511
WH Ireland Limited:
Robin Gwyn Tel: 0161 832 2174
Biddicks Financial Public Relations:
Zoe Biddick / Sophie McNulty Tel: 0203 178 6378
This information is provided by RNS
The company news service from the London Stock Exchange
END
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