March 18, 2020 / 8:27 AM / 3 months ago

BRIEF-LPA Group Says Current Trading Remains In Line With Expectations

March 18 (Reuters) - LPA Group PLC:

* CURRENT TRADING REMAINS IN LINE WITH EXPECTATIONS AND WE HAVE NOT, AS YET, EXPERIENCED ANY UNDUE IMPACT FROM COVID-19

* MANY CUSTOMERS & END MARKETS LIKE AEROSPACE & TRANSPORT ARE NOW, OR ARE EXPECTED TO BE IN FUTURE, NEGATIVELY IMPACTED BY COVID-19

* EXPECT OUR BUSINESS TO BE IMPACTED TO SOME DEGREE IN SECOND HALF OF YEAR DUE TO VIRUS, AND WE ARE PLANNING ACTION TO MITIGATE THAT IMPACT

* RESOLUTION TO DECLARE 2019 FINAL DIVIDEND WILL NOT BE PROPOSED AT AGM TO BE HELD ON 18 MARCH 2020

* MICHAEL RUSCH, PRESIDENT, WILL RETIRE FROM BOARD ON 19 JUNE 2020

* PAUL CURTIS, CURRENTLY CHIEF OPERATING OFFICER, WILL BECOME CHIEF EXECUTIVE WITH EFFECT FROM 1 APRIL 2020 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below