WTL Waterlogic

RNS Number:6185S
Waterline Group plc
09 March 2007


                                                                    9 MARCH 2007
                              
                               WATERLINE GROUP PLC
                                   (AIM: WTL)

                                 TRADING UPDATE


The Board of Waterline Group Plc ("Waterline" or the "Group"), one of the
leading suppliers to the fitted kitchen industry in the UK, today announces a
trading update for the year to 31 March 2007.

Turnover is expected to be in line with expectations, but due to cost overruns
in logistics, warehousing and IT, relating to the acquisition of Coolectric,
profit for the year will be below market expectations. It is now anticipated
that profit before tax for the year will be approximately #1.8 million,
reflecting these second half extra costs which are estimated to amount to
#500,000.

The Board believes that as a result of various steps taken to correct these
issues Waterline is in a stronger position to pursue further growth. The Board
continues to evaluate other strategic opportunities within its sector and, with
robust levels of current business, looks forward to the future with optimism.


                                   ---ends---


Enquiries:

Waterline Group plc                                                0190 821 9759
Michael Lawrence, Chief Executive

Daniel Stewart & Co                                                020 7776 6550
Tom Jenkins

Bishopsgate Communications Ltd                                     020 7562 3350
Dominic Barretto
Sophie Davis
www.bishopsgatecommunications.com

For more information: www.waterline.co.uk





                      This information is provided by RNS
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