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£300.52m
-6.75p ()
115.25p
Date: Tuesday 29 Jul 2008
LONDON (ShareCast) - Power supply protection firm Chloride said trading since March 2008 has continued in line with management's growth expectations.
The product order book increased further from the record levels at the start of the year and as anticipated, service revenues continue to grow strong, it said.
Operating cash flow remains strong and net debt has been reduced.
The group said with effect from today, Tim Cobbold takes over as chief executive, replacing Keith Hodgkinson.
“As expected, the first quarter trading has continued on from our record last year when we increased market share in dynamic global markets, driven by continued high levels of demand in data centres, energy and oil & gas,” said chairman Norman Broadhurst
“We enter the second quarter with confidence, underpinned by good sales growth and a strong order book. We continue to focus on expanding our capabilities through complementary acquisitions that support our growth objective,” he added.
| Currency | UK Pounds |
| Share Price | 115.25p ![]() |
| Change Today | -6.75p |
| 52 Week High | 283.25 |
| 52 Week Low | 113.75 |
| Volume | 975,310 |
| Shares Issued | 260.75m |
| Market Cap | £300.52m |
| Beta | 0.76 |
| RiskGrade | 372 |
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| Strong Buy | 2 |
| Buy | 1 |
| Neutral | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 5 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 12-Nov-08 | 09-Jul-08 |
| Paid | 03-Dec-08 | 04-Aug-08 |
| Amount | 1.85p | 2.40p |
| Finance Director | Neil Warner |
| CEO | Keith H Hodgkinson |
| COO | Tim Cobbold |