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Zetar (ZTR)

Sector:

Food Producers & Processors

Index:

FTSE AIM All-Share

Market Cap

£20.42m

Change Today

Price Down-1.00p ()

Share Price

177.50p

AGM Statement

RNS Number : 2625E
Zetar PLC
25 September 2008
 



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



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