Results and Trading Update
16 Março 2009 - 4:00AM
UK Regulatory
TIDMPOLL
RNS Number : 8687O
Polymer Logistics N.V.
16 March 2009
Polymer Logistics N.V.
Results and trading update
Polymer Logistics N.V. (the "Company") would like to provide a trading update on
performance for 2008 ahead of its preliminary results for the year ended 31
December 2008, to be released by 7 April 2009.
In terms of performance for 2008, the Company expects to announce revenues and
EBITDA to be broadly in line with market expectations. However, due to adverse
foreign exchange movements, financing costs for the business as a whole area
expected to be greater than current market indications, resulting in a larger
post tax loss than previously anticipated by the market.
Enquiries:
+--------------------------------------------+---------------------------------+
| Polymer Logistics N.V. | +31 (0) 164 271 660 |
+--------------------------------------------+---------------------------------+
| Gideon Feiner, Chief Executive Officer | |
+--------------------------------------------+---------------------------------+
| Dana Gerner, Chief Financial Officer | |
+--------------------------------------------+---------------------------------+
| | |
+--------------------------------------------+---------------------------------+
| Financial Dynamics | +44 (0)20 7831 3113 |
+--------------------------------------------+---------------------------------+
| Harriet Keen / Matt Dixon | |
+--------------------------------------------+---------------------------------+
| | |
+--------------------------------------------+---------------------------------+
| Collins Stewart Europe Limited | +44 (0)20 7523 8350 |
+--------------------------------------------+---------------------------------+
| Adrian Hadden | |
+--------------------------------------------+---------------------------------+
Notes to Editors:
Polymer Logistics is a provider of sustainable 'one-touch' logistics solutions
to leading retailers and suppliers in the UK, Continental Europe and the US.
Polymer Logistics' Retail Ready Packaging (RRP) is designed to be 'display
ready' from factory to the point of sale. Consumers purchase directly from RRP
units in-store, with no requirement for retailers to unpack goods from the RRP
units onto the shelves. The units are reusable, thereby reducing the
environmental impact due to the volume of waste created by disposable 'one-way'
packaging made out of timber or cardboard. In addition, Polymer Logistics' RRP
units are stackable and foldable and are designed to maximize the capacity of
delivery vehicles which reduces the number of trips required to be taken in the
logistics loop.
Polymer Logistics is based in The Netherlands with subsidiaries in the UK,
Israel, Italy and the US and branch office in Spain. Its principal customers are
located in the United Kingdom Continental Europe and in the US. The Group has
ongoing relationships with a number of blue chip retailers including Tesco,
Asda, Sainsbury and Fresh & Easy, as well as blue chip FMCG suppliers including
Coca Cola Enterprises Limited, Danone Waters, Britvic Soft Drinks and Arla Food.
Polymer Logistics listed on the AIM market of the London Stock Exchange in
December 2006 and its ticker symbol is POLL. For further information please
visit the company website, www.polymerlogistics.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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