Carclo plc
08 April 2008
Immediate Release 8 April 2008
Carclo plc
('the Group')
Pre-close Update
The board is pleased to report that the Group has continued to trade in line
with its expectations since the issue of our Interim Management Statement on 6
February 2008.
As anticipated, Technical Plastics has delivered a stronger second half,
benefiting from the re-organisation of the Slough facility during the first
half. We continue to focus on growing our medical diagnostics and LED optics
businesses whilst reducing our exposure to less attractive markets.
Precision Products has had an encouraging second half due principally to the
increase in activity in our specialist LED lighting business. The aftermarket
lighting business, Ultra, which was acquired in December 2007, has also
performed well.
Conductive Inkjet Technology has continued to make good progress in the
commercialisation of its technology and in the development of new applications
in organic displays and photovoltaics.
The Group will announce its preliminary results for the year ended 31 March 2008
on 10 June 2008.
- Ends -
Enquiries:
Carclo plc 01924 268040
Ian Williamson, Chief Executive
Robert Brooksbank, Finance Director
Weber Shandwick Financial 020 7067 0700
Richard Hews/James White
Notes to Editors
About Carclo (LSE: CAR)
• Carclo plc is a global supplier of technical plastic components. It is a
public company whose shares are quoted on the London Stock Exchange.
• 75% of sales are derived from the supply of fine tolerance, injection moulded
plastic components, which are used in medical, automotive, telecom and
electronics products. This business, Carclo Technical Plastics, operates
internationally in a fast growing and dynamic market underpinned by rapid
technological development.
• 25% of sales are derived from the supply of manufactured systems to the
automotive and aerospace industries.
• Carclo's strategy is to grow rapidly in low cost manufacturing regions and to
develop new technologies and products to underpin future growth.
This information is provided by RNS
The company news service from the London Stock Exchange