26 April 2010 – trading update

The company has issued a trading update for the 13 weeks to 2 April and has revealed that in the first quarter it has performed better than expected with an improvement in activity levels across a number of end markets.  As a result of this positive first quarter and the current outlook through to June, pre-tax profits for the first half are expected to be materially ahead of last year.  Overall, the company now believes that full year pre-tax profits before amortisation of intangibles will be some £30m ahead of previous expectations.