Mount Engineering: Trading Statement | Company Announcements

Thursday 23 July, 2009

Mount Engineering

Trading Statement

RNS Number : 1462W

Mount Engineering PLC

23 July 2009

MOUNT ENGINEERING PLC

TRADING UPDATE & NOTICE OF INTERIM RESULTS

Mount Engineering Plc ('Mount' or 'the Group') today announces the following trading update for the six months to 30 June 2009 ahead of the announcement of its Interim Results on 28 September, 2009.

The Board of Directors are satisfied with the progress of Mount in the first six months of the year and expect the Group results to be in line with the prior year first half. Cash generation in the period has been strong, leading to net cash of £618k at 30 June, 2009, (£534k 31 December 2008).

Whilst current market visibility remains unpredictable, effective margin management and overhead cost control is maintaining profitability and cash flow and trading remains in line with full year market expectations.

For further information:

Mount Engineering Group Plc

Colin Ainger (Chairman) 07778 160 365

Dave Stanham (Chief Executive) 07834 046 121

Charles Stanley Securities

Nominated Adviser

Rick Thompson / Phil Davies / Carl Homes 0207 149 6000

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTIIFLDDRIVFIA

Investegate takes no responsibility for the accuracy of the information within the site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.