REG-Roxboro Group PLC Trading Statement
Date/Range: 29-JUN-2004
Short Abstract: THE ROXBORO GROUP PLC Trading Statement
The Roxboro Group PLC, the international specialist electronics group, announces
today that current trading continues to be encouraging, in line with the
Chairman’s Statement at the AGM in April.
First half recovery in demand from the general electronics sector has lifted
sales through distribution channels at Dialight and this is being followed by a
recovery in demand from telecommunications equipment manufacturers.
Additionally, the reduced costs resulting from the transfer of operations to
Mexico are improving operating margins.
Solartron continues to perform to plan with the Sakhalin Gas Field project being
completed on schedule. An order to the value of $1.5 million has been received
to provide measurement instrumentation for the South Pars Offshore Gas Field in
Iran and a further contract to provide fluid analysis equipment has been secured
from China Petroleum for delivery in the current year.
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