DYS Dyson Grp

 

TIDMDYS 
 
RNS Number : 5006M 
Dyson Group PLC 
30 January 2009 
 

 
 
 
 
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| For immediate release                  |                       30 January 2009 | 
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("The Company") 
 
 
TRADING UPDATE 
 
 
Dyson Group plc (LSE:DYS) the materials technology company, today provides the 
following update. 
 
 
As reported on 14 November 2008, the Company has experienced a significant and 
material reduction in the demand for its Saffil  and Ecoflex  products as a 
result of the downturn in the global automotive markets. 
 
 
Following close monitoring of Saffil  and Ecoflex  forecasts, the Directors have 
concluded that their latest view of the outlook for the remainder of the year to 
31 March 2009 is likely to result in a further deterioration of performance 
below previous expectations. Dyson expects to report a loss for the year to 31 
March 2009. 
 
 
Cost and cash containment actions have already been implemented and are ongoing, 
including short-time working and extended factory shut-downs. Constructive 
discussions with both of the Company's banks are continuing. 
 
 
For further enquiries, please contact: 
 
 
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| Buchanan Communications                |                 Tel: 0207 466 5000 | 
| Charles Ryland                         |                                    | 
| Ben Willey                             |                                    | 
| Catherine Breen                        |                                    | 
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| KBC Peel Hunt                          |                 Tel: 020 7418 8900 | 
| Marianne Woods (Corporate Broking)     |                                    | 
| Julian Blunt (Corporate Finance)       |                                    | 
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| Dyson Group plc                        |        Tel: 0207 340 8527/0114 263 | 
| Patrick Lammers, Chief Executive       |                               2835 | 
| Officer                                |                                    | 
| Christopher Kinsella, Finance Director |                                    | 
|                                        |                                    | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTEAXFNASENEFE 
 

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