The AGM trading update signals that it remains confident of achieving existing market expectations. Some customer programmes have recently seen lower than expected volumes, although new business continues to be won and management is confident it can bridge the gap. The growth story remains intact – sales growth has been robust; the scale of this growth has been a challenge but profit delivery is now in much sharper focus. The group intends to supplement the board and has already impleme
27 Feb 2018
AGM trading update
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AGM trading update
Velocity Composites Plc (VEL:LON) | 29.5 -0.3 (-3.3%) | Mkt Cap: 15.8m
- Published:
27 Feb 2018 -
Author:
David Buxton -
Pages:
3
The AGM trading update signals that it remains confident of achieving existing market expectations. Some customer programmes have recently seen lower than expected volumes, although new business continues to be won and management is confident it can bridge the gap. The growth story remains intact – sales growth has been robust; the scale of this growth has been a challenge but profit delivery is now in much sharper focus. The group intends to supplement the board and has already impleme