Devro(DVO)

Sector:

Food Producers & Processors

Index:

FTSE Small Cap

Market Cap

£131.10m

Change Today

Price Up2.00p

Share Price

80.50p

Pre-close trading update

RNS Number : 9100X
Devro PLC
01 July 2008
 






Devro plc ("Devro" or "the Company")


Pre-close Trading Update


1st July 2008 



Devro, the world's leading manufacturer of collagen products for the food industry, will announce interim results for the six months ending 30th June 2008 on 28th August 2008. As the company enters its close period it announces that trading is in line with expectations Sales volumes, revenue and profit figures for the period will be ahead of last year. Cash and net debt are at expected levels for this time of year. 


The achievement of price increases has been a priority for the business during the period, and will continue to be a prime area of focus. Despite rising energy and commodity prices, the Directors are satisfied with the Company's overall performance. 


Consumer demand does not appear to have been reduced by the economic environment, and emerging markets continue to give us reason to forecast continuing growth in global demand for our products. 



Enquiries:


Devro plc:                                           01236 878262


Peter Williams, Finance Director



Brunswick Group LLP:                       020 7404 5959 


Andrew Fenwick

Robert Gardener



This information is provided by RNS
The company news service from the London Stock Exchange
 
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