Pre-Close Trading Statement
31 März 2009 - 8:00AM
UK Regulatory
TIDMDYS
RNS Number : 7569P
Dyson Group PLC
31 March 2009
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| For immediate release | 31 March 2009 |
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Dyson Group Plc
("The Company")
PRE-CLOSE TRADING STATEMENT
Dyson Group Plc (LSE:DYS), the materials technology company, expects to announce
its final results in respect of the year ending 31 March 2009 in June 2009.
Prior to entering its close period, the Company today issues the following
trading statement.
Further to the announcements on 30 January 2009 and 17 February 2009, following
close monitoring and cost control across the business, the Directors expect to
report an underlying pre-tax loss broadly in line with management expectations
in respect of the year ending 31 March 2009. Business conditions continue to be
challenging and, in light of this, the Group has already implemented significant
cost and cash containment measures.
Discussions with the Company's two banks, Lloyds TSB and Svenska Handelsbanken
are continuing with regard to debt facilities and banking covenants.
The new functional organisation is proving to be cost-effective and as we focus
on our core markets of Automotive Emissions, Energy and Industry, prospects for
order book improvement are encouraging.
For further enquiries, please contact:
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| Buchanan Communications | Tel: 0207 466 5000 |
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| Charles Ryland | |
| Ben Willey | |
| Catherine Breen | |
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| | |
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| KBC Peel Hunt | Tel: 0207 418 8900 |
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| Marianne Woods (Corporate Broking) | |
| Julian Blunt (Corporate Finance) | |
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| | |
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| Dyson Group Plc | |
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| Patrick Lammers, Chief Executive | Tel: 0207 340 8528/0114 263 2835 |
| Officer | |
| Christopher Kinsella, Finance Director | |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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