RNS Number : 2247L
Elektron PLC
28 July 2011
 



28 July 2011

ELEKTRON PLC

("Elektron" or the "Group")

 

Trading Update, Proposed Change of Name and Notice of Results

Elektron Plc (AIM:EKT), the AIM quoted technology company based in Cambridge, announces a trading update as it approaches the end of its first half.

 

Sales and pre-tax profits for the half year to 31 July 2011 are in line with expectations.  The Group's tax rate is likely to be higher than in the year to 31 January 2011. In the prior year the Group benefited from available tax losses carried forward.  Given the strong trading to date and with sales visibility of approximately eight weeks, at this stage the Group remains on track to meet market expectations for the full year.

 

At its AGM today, the Board will propose to shareholders that the company name is changed to Elektron Technology Plc to reflect the priority of the Group.

 

Elektron expects to release its interim results on 15 September 2011.

 

For further information:

Elektron PLC

Tel. +44 (0) 1708 336 300

Keith Daley - Chairman

 

 

 

finnCap

Tel. +44 (0)20 7600 1658

Ed Frisby/ Rose Herbert - Corporate Finance

 

Simon Starr - Corporate Broking

 

 

 

Threadneedle Communications

Tel. +44 (0)20 7653 9850

Josh Royston

 

Hilary Millar

 

 


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