Trading Statement

About this update from Chesterfield Special Cylinders Holdings Plc

[{"type":"text","content":"\n Pressure Technologies PLC\n30 July 2007\n\n\nPRESSURE TECHNOLOGIES PLC ('PT' or 'the Company')\n\n30 JULY 2007\n\nTrading Update\n\nHigh pressure seamless steel gas cylinder manufacturer Pressure Technologies plc\nannounces a trading update.\n\nFollowing a favourable sales outturn for July, the Directors anticipate that the\nperformance for the year ending 30 September 2007 will be ahead of expectations.\nFurthermore, the Company has continued to receive order commitments with the\norder book now approaching £20 million, of which £16 million is scheduled for\ndelivery in 2008. This development, allied to a sustained flow of enquiries for\nquotation, has led the Directors to re-evaluate their expectations for 2008.\nAccordingly the Company expects that its results for the year ending 30\nSeptember 2008 are likely to be significantly in excess of market expectations.\n\nContacts:\n\nPressure Technologies PLC\nJonathan Clark Finance Director 0114 242 7520\n\nBrewin Dolphin Investment Banking\nNeil Baldwin Director 0113 241 0130\n\nENDS\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]

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