Epwin Group ‘on track’
29th May 2018

Epwin Group PLC said it is on track to meet market expectations for 2018 despite the bad weather condition in the beginning of the year, which affected trading, and some material cost inflation.

In an AGM trading update, the group said: "The Board anticipates meeting market expectations for 2018, despite the impact of adverse weather on trading in the early part of the year and some continuing materials cost inflation.

“Consequently a greater weighting of profit towards the seasonally busier second half year is expected when compared with more recent years.   Delivery of the site consolidation programme is continuing in line with plan and the Group continues to make good progress in pursuit of its broader strategic objectives.

“Whilst in the short term the RMI market demand is expected to remain lacklustre, the Board retains its positive view of the medium-term prospects for this key market."

Following its AGM it announced: “The final dividend of 4.46 pence per ordinary share will be paid on 4 June 2018 to shareholders on the register on 11 May 2018. This gives a full year 2017 dividend of 6.69 pence per ordinary share.”