Fenner PLC expects full-year figures to be at top end

ERJ staff report (DS)

London -- Fenner PLC said strong financial performance in the final two trading months mean the company expects to report full-year figures towards the top end of its previous forecasts.

The company said, "The trading environment for our conveyor belting operations in the mining sector, underpinned by thermal coal extraction, remains strong. In addition to volume improvements, the process efficiencies are generating increasingly high margin run rates in these operations."

The company continued, "In light of these performances we anticipate full year results to be at the top end of our expectations for 2010."

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Press release from Fenner