29 June 2012

At this morning’s AGM, the group will report that trading in 2012 is continuing in line with expectations with sales levels higher than this time in 2011.  Good progress is being made with efficiency improvements in the group’s manufacuring facility and the group has renewed its finance facilities with the bank for another 12 months.  Things at the group do appear to be improving all the time and we now move our recommendation to BUY.