28 May 2010 – AGM statement

The group has issued an upbeat trading statement today at its AGM, with the core trade business continuing to do well, whilst the retail business is also experiencing increasing levels of sales.  The integration of the Helesi UK business is progressing well and the group is confident that it will meet full year profit forecasts of £1.8m.  That would give earnings per share of 11.1p – the shares still look CHEAP.