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| Last Trade: | 99.48p |
| Date: | 10/03/2010 |
| Time: | 10:11 |
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| Prev Close: | 101.99p |
| Open: | 101.00p |
| Day's Range: | 103.00p - 99.28p |
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Straight Plc (AIM: STT) the recycling products and services group, will be holding its Annual General Meeting today at 12 noon. In his address to shareholders, James Newman, Chairman, will update shareholders as follows:
"The Board is pleased to announce that the Group's strong trading performance in the fourth quarter of 2008 has continued into the start of 2009.
"Growth of the Group's core Trade Business has been enhanced by contributions from both the Harcostar acquisition, which was announced in January, and progress in corporate and overseas markets.
"Additionally, the performance of the Group's Retail Business is much improved at the start of this year and is currently in line with management expectations.
"As a result of this encouraging start to the year, the Board is confident of meeting half year expectations."
The Company will provide a further update on trading for the first half of the year ahead of entering its close period at the end of July 2009.
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