Lex Service PLC (Lex), the motoring and vehicle solutions company, will announce its interim results for the six month period ending 30 June 2002 on July 23rd.
Lex Service PLC (Lex), the motoring and vehicle solutions company, will announce its interim results for the six month period ending 30 June 2002 on July 23rd.
Lex will conduct its normal half year round up meetings with analysts in the coming week.
The protracted negotiations with Paccar over the possible extension of Lex Multipart's contract to distribute DAF parts remain unresolved. As this contract now has less than a year to run we expect an outcome shortly.
The company continues to perform broadly in line with the statement issued at the Annual General Meeting on April 25th. Profits are in line with expectations and ahead of the same period last year, due to the contribution from RAC Auto Windscreens which was acquired in the second quarter of 2001. Improved results are expected in the second half as the actions that have already been taken become effective.
Enquiries:
Paul Hewitt
Group Finance Director 01628 843703
Niall Addison
Group Finance and Investor Relations Manager 07764 624701