Havelock Europa (HVE)

 

LSE:HVE: Trading Statement

Havelock Europa

07 Sep 2017 07:00:05

Havelock Europa PLC

RNS Number : 0485Q
Havelock Europa PLC
07 September 2017
 

HAVELOCK EUROPA PLC

Trading update

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

The Directors of Havelock Europa PLC (HVE.L) expect that results for the year ending 31 December 2017 will fall considerably below expectations, due to delays in the commencement of work for key customers and lower-than-anticipated orders from the public sector. These developments are set against the previously announced backdrop of reduced activity in the first half and costs associated with the implementation of the ERP (Enterprise Resource Planning) system. 

A further update will be provided as part of the interim results announcement, which is expected to be released on 27 September.

 

Enquiries:

Havelock Europa PLC                                                                01592 648480

David Ritchie, CEO

Donald Borland, CFO

WH Ireland Group plc (Nomad)                                           020 7220 1650

Chris Fielding

Charlotte Street Partners (media enquiries)                  0131 516 5310

David Gaffney

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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