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Umeco plc is a leading international provider of value-added distribution and supply chain management services and composite materials primarily to the aerospace & defence, automotive, motorsport and wind turbine industries.
 
 
UMECO plc - AGM Statement

At today's Annual General Meeting of UMECO plc, Europe's leading provider of value-added distribution services and composite materials to the aerospace and defence industries, Chairman Brian McGowan made the following statement on current trading:

"We have had a good start to the year, with our business performance remaining in line with our expectations, including the results from companies recently acquired. The largest of these, AdvancedComposites Group, is giving us particular cause for encouragement as it integrates with our existing composites businesses.

"The recovery in the civil aerospace market appears to be accelerating, a view supported by the fact that news flow from our OEM customer base at last week's Farnborough Air Show has been stronger than for many years. This, together with the recent strategic developments the Group has effected gives us considerable confidence over our immediate and long term prospects."


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