Trading Statement (6747A)
04 2월 2011 - 4:00PM
UK Regulatory
TIDMSC.
RNS Number : 6747A
Supercart PLC
04 February 2011
4 February 2011
SUPERCART PLC
("Supercart" or the "Company")
Trading Update
Supercart (AIM:SC.), the UK company involved in the design,
marketing and distribution of plastic shopping trolleys, is pleased
to provide an update to trading for the 12 months to 31 December
2010, as indicated by the Company in the announcement of the change
to its accounting reference date to 30 June, made on 16 December
2010.
During the 12 months to 31 December 2010 the Company has seen a
significant increase in trolley sales to 111,568 units (2009:
95,209 units) an increase of approximately 17.2 per cent. A further
significant order, that had been expected to be delivered in the
fourth quarter was deferred, but will be included within the
results for the 18 months to 30 June 2011.
The increase in unit sales was achieved together with a
significant improvement in gross margins. As a result the Company
will announce an improvement in both revenues and margin retention
for the 12 month period compared to the previous year. These
results will also include the initial benefits of the cost
reduction measures announced at the time of the fund raising. The
combined impact of these trading and cost control improvements
result in a significant reduction in losses before taxation.
As was mentioned at the time of the fund raising Supercart has
continued to make ground in the important North American market and
the board is encouraged by progress in Europe, through our
distribution arrangement with Caddie S.A. The Company anticipates
to be able to make further announcements of progress in this regard
shortly
Supercart will update shareholders on developments and progress
at the time of publication of the second interim results statement
for the period to 31 December 2010 which will be made in the first
week of March 2011.
Enquiries:
Supercart plc
Chief Executive
Mike Wolfe 01732 459898
Charles Stanley Securities
Nominated Adviser and Broker
Russell Cook/Carl Holmes 020 7149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTTJMPTMBMMBLB
Supercart Plc (LSE:SC.)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Supercart Plc (LSE:SC.)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
Supercart (London Stock Exchange)의 실시간 뉴스: 최근 기사 0
More Supercart News Articles