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Wednesday 11 November, 2009

Zetar PLC

Trading Update

RNS Number : 3074C
Zetar PLC
11 November 2009
 



11th November 2009



Zetar Plc ("Zetar" or the "Group")


Trading Update



Zetar Plc, the AIM listed confectionery and snack foods group, is pleased to announce a pre-close trading update for the six months ended 31st October 2009 ("the period").


Group sales from continuing operations for the period increased by 6.0% to £56.8million (2008: £53.6 million)


The Group's continuing focus on cash management has resulted in a reduction in its seasonally high net debt at 31st October 2009 to £28.3 million (2008: £30.5 million), which beat management's original target.


During the period the Group has traded in line with its plans. The Board remains confident of delivering growth for the full year whilst recognising the important contribution of Christmas and Easter to the second half.


The Group will announce its results for the six months ended 31st October 2009 in January 2010.




Ends


Enquiries:


Zetar Plc

Ian Blackburn (Chief Executive)


Tel: 020 7284 9509

Altium 

Tim Richardson


Tel: 020 7484 4040

Financial Dynamics

Jonathon Brill / Caroline Stewart


Tel: 020 7831 3113





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