Heywood Williams - Full Year Pre-Tax Profit Up £0.3M

Heywood Williams has announced pre-tax profit of £9M for the year ended 31 December 2007, compared with £8.7M a year earlier. CE Robert Barr said recently that the Group is currently trading in line with its plans and will continue to demonstrate its resilience. He said the Group has leading market positions, a record of strong cash management, an excellent new product pipeline and specific plans are being implemented to reduce costs by low cost sourcing and rigorous cost management. In the UK and Europe it is well positioned with its strong market share and low cost sourcing capabilities to continue to take share in key markets.