|
26.MAR.03 / Announcement
AGM STATEMENT - POSITIVE TRADING UPDATE At today's annual general meeting of the Company, the Chairman will make the following statement: "We are pleased to announce that, despite continuing global economic uncertainty, sales of motion capture systems to engineering, medical and entertainment markets have stabilised and in several geographic areas, notably the United States and Japan, are showing signs of resumed growth. "Improved revenues, together with the steps taken last year toreduce costs, indicate a return to profitability in the first half of the current year to 31 March 2003, accompanied by significant strengthening of the Company's already healthy cash position."For further information, please contact: OMG plc Julian Morris, Chief Executive, julian.morris@omg3d.com
Tim Thompson, Buchanan Communications
|