Coral Products PLC
25 February 2005
Coral Products PLC
Trading update
Following a weaker than anticipated performance in the period since the interim
results announced on the 2nd December 2004, we advise that profit for the
current year ending 30th April 2005 will be significantly lower than the
market's current expectation.
The influences of unexpected raw material price increases and slower than
expected demand in the DVD market are having an adverse impact on operating
margins. Although our market remains increasingly competitive, we are taking
steps to mitigate our raw materials exposure.
This information is provided by RNS
The company news service from the London Stock Exchange