Simonds Farsons Cisk plc - Interim Directors’ Statement

Wednesday, June 11th, 2014

On 11 June, Simonds Farsons Cisk plc published its Interim Directors’ Statement covering the three months ended 30 April 2014, representing the first quarter of the current financial year ending 31 January 2015.

During the period under review, the Group reported that is faced an increasingly competitive environment within all sectors in which it operates. Nevertheless, profitability for the period is in line with that registered during the same period last year and the Group continues to maintain a healthy cash generation.

The announcement also explained that construction works on the new €27 million beer packaging hall and stores, aimed at reducing the operational cost structures and reaffirming the Group’s commitment to its export growth strategy, have commenced and are progressing as planned.

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