HAVELOCK EUROPA PLC
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.
Havelock Europa PLC 01592 648480
David Ritchie, CEO
Donald Borland, CFO
WH Ireland Group plc (Nomad) 020 7220 1650
Charlotte Street Partners (media enquiries) 0131 516 5310
This information is provided by RNS