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.
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Enquiries:
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Zetar Plc
Ian Blackburn (Chief Executive)
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Tel: 020 7284 9509
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Altium
Tim Richardson
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Tel: 020 7484 4040
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Financial Dynamics
Jonathon Brill / Caroline Stewart
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Tel: 020 7831 3113
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This information is provided by RNS
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