rnsitem
REG-CML Microsystems PLC AGM Statement
Released: 06/08/2008
http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20080806:RnsF7554A
.
RNS Number : 7554A
CML Microsystems PLC
06 August 2008
6 August 2008
CML MICROSYSTEMS Plc
AGM and Interim Management Statement
CML Microsystems Plc ("CML"), which designs, manufactures and markets a broad
range of integrated circuits, primarily for global communication and data
storage markets, held its Annual General Meeting today at 11am at Layer Marney
Tower, Essex.
Following the formal proceedings of the AGM the following Interim Management
Statement was read to shareholders by Chairman, George Gurry:
Interim Management Statement
The unaudited figures for the Group's first trading quarter serve to confirm
that performance is in line with management expectations. Semiconductor
shipments into wireless and storage segments continue to dominate Group
revenues. This Statement relates to the period from 1 April 2008 to date and
includes trading during the first quarter ended 30 June 2008.
The Group has not yet disposed of its non-operational property assets and, as
noted in the annual report some weeks ago, internal planning for this year
discounts any income from such disposals.
The Group's US operating subsidiary recently conducted a planned relocation to
new premises, within North Carolina, that better suit our operational
requirements.
There have been no other material events or transactions since 1 April 2008.
The outlook remains in line with expectations for a further improvement in
performance this year.
ENDS
Enquiries:
CML Microsystems Plc www.cmlmicroplc.com
Nigel Clark, Financial Director 01621 875 500
Chris Gurry, Managing Director
Parkgreen Communications Ltd 020 79338780
Paul McManus 07980 541 893
paul.mcmanus@parkgreenmedia.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMSSWFSMSASEFA