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Molins’ order intake and sales increased

| October 25, 2013

Molins PLC said yesterday that its order intake and sales had been broadly as expected and, in the year to date, remained ahead of those of last year.

Performance in the period also had been broadly in line with expectations, the company said in issuing an interim management statement for the period from July 1 to Oct. 23.

“Each of the three divisions [Tobacco Machinery, Scientific Services and Packaging Machinery] has an order book that supports the anticipated level of sales in the fourth quarter, and the board’s expectation of group performance for the year as a whole remains unchanged,” the statement said.

“There has been no significant change in the financial position of the group since 30 June 2013.”

The company’s half-year results to June 30 were announced on Aug. 29 and reported here on Aug. 30 (see “First half sales up sharply at Molins”).

Category: Breaking News

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