Trading update
28 Junho 2010 - 3:00AM
UK Regulatory
TIDMSC.
RNS Number : 2949O
Supercart PLC
28 June 2010
28 June 2010
SUPERCART PLC
("Supercart" of the "Company")
Trading Update
Supercart (AIM:SC.), the UK company involved in the design, marketing and
distribution of plastic shopping trolleys, announces that since its preliminary
results statement on 8 June 2010 the Company has received a number of new orders
from key North American and South African customers. These include a
significant further order from one of the Company's existing North American
customers, worth over GBP400,000 in the next quarter. This customer is a global
retail company with over 750 stores across the US and 1,500 stores worldwide.
The Company has also received initial orders from two former Rehrig
International customers, both national retail chains, with a value of over
GBP70,000.
The Company has also received one of its largest ever single orders from a South
African customer, for delivery by September 2010, to the value of approximately
GBP500,000.
The preliminary results announcement stated that the Company will have a short
term cash funding requirement over the coming months, and that the directors are
currently considering a number of alternatives including further equity and debt
funding arrangements. The Board is also pleased to announce that it has
received confirmation of support in principle from certain of the Company's main
shareholders and while there can be no certainty that such funding will be
ultimately successful, the Board expects to be in a position to announce further
details shortly.
Mike Wolfe, Chief Executive of Supercart, said:
"I am pleased that the company continues to make solid progress in our all
important North American market and continues to trade well in the core South
African market. Although take up of orders from the former Rehrig clients in
the US has been slower than we anticipated, and consequently cash generation has
been lower than predicted, these customers are now returning and prospects for
2010 are extremely positive."
+------------------------------------------------+-----------------+
| Enquiries: | |
| | |
+------------------------------------------------+-----------------+
| Supercart plc | 01732 459898 |
| Chief Executive | |
| Mike Wolfe | |
| | |
+------------------------------------------------+-----------------+
| Charles Stanley Securities | 020 7149 6000 |
| Nominated Adviser and Broker | |
| Russell Cook/Ben Johnston/Carl Holmes | |
| | |
+------------------------------------------------+-----------------+
| Tavistock Communications | 020 7920 3150 |
| Jeremy Carey | |
| | |
+------------------------------------------------+-----------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTKMGZVKKLGGZM
Supercart Plc (LSE:SC.)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Supercart Plc (LSE:SC.)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Supercart da Bolsa de Valores de Londres bolsa de valores: 0 artigos recentes
Mais Notícias de Supercart