End of Year Results announced

"Chloride is a balanced business serving international markets which have robust long-term growth characteristics driven by growing Energy demand and increasing Digitisation.
 
Looking to the year ahead, the Group is very well positioned to benefit from decisions taken over the last two to three years and, in particular, the measures taken to develop the service business and reduce costs whilst continuing with the strategic development of the Group. Accordingly, the business ended the financial year ended 31 March 2010 with stronger market and better cost positions than it started.
 
Longer term, we will continue to execute our proven strategy, make further careful investments to access high-growth potential markets, and develop the technology and services that meet the demands of our customers. Accordingly, the Board is confident that the long-term prospects for the Group are very attractive.”

Tim Cobbold, CEO
View Preliminary results here...