About - Group Structure - Trident

About / News

News details

COMPANY ANNOUNCEMENT: Interim Directors' Statement 17/06/2015

The following is a Company Announcement issued by Simonds Farsons Cisk plc pursuant to the Malta Financial Services Authority Listing Rules 5.86 and 5.88. This statement is based on the unaudited management accounts of Simonds Farsons Cisk plc up to 30 April 2015 and other financial information.


Quote


Interim Directors’ Statement

The Board of Directors hereby announces that since its preliminary statement of annual results for the financial year ended 31 January 2015, published on 29 April 2015, no material events and/or transactions have taken place that would have an impact on the financial position of the Holding Company and its controlled undertakings, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

The group continues to operate within a competitive market place with constant pressures on volumes and margins. Trading for the first quarter of the financial year has been steady and in line with expectations. The peak summer months remain a critical period in determining the profitability of the Group.

The development of the new state-of-the-art €27 million beer packaging facility is advancing on schedule and is planned to be completed by April 2016.


Unquote

 

Antoinette Caruana
Company Secretary

17th June 2015