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25 September 2008
ZETAR PLC ("the Company")
AGM Statement
At the AGM of the Company to be held at midday today, the Chairman will make the following statement: -
"Whilst sales for the year to date are approximately 10% ahead of the same period last year, given the current challenging trading environment together with the volatility in foreign exchange rates (particularly £:US$), raw material input prices and energy prices, we anticipate there will be pressure on margins. This makes the outturn for the current financial year difficult to predict at this stage, especially given the importance of Christmas and Easter to the Group's results. However, the Board is still confident that profits for the year will be ahead of last year."
|
Zetar Plc Ian Blackburn, Chief Executive Dale Mullins, Finance Director |
Tel: 020 7284 9509 Tel: 020 7284 9543 |
|
Financial Dynamics Jonathon Brill / Caroline Stewart |
Tel: 020 7831 3113 |
|
Altium Tim Richardson / Sam Fuller |
Tel: 020 7484 4040 |
|
Investec Clifford Halvorsen |
Tel: 020 7597 5970 |