TIDMFLOW

RNS Number : 4607A

Flowgroup plc

24 March 2017

24 March 2017

Flowgroup plc

("Flow" or the "Company" or the "Group")

Update re Jabil

Flowgroup plc (AIM: FLOW), which provides a range of innovative energy technologies, energy supply and energy services, notes the announcement issued yesterday by its manufacturing partner, Jabil, concerning the future of manufacturing at the Jabil Livingston facility.

Flowgroup holds a manufacturing service agreement with Jabil, which is a global agreement and not tied to any one specific manufacturing location. Whilst the Livingston facility is now anticipated to close at the end of 2017 the Company continues to work with Jabil under the agreement to optimise the production of its microCHP boiler, which is focused on a full entry into the European market.

 
 Flowgroup plc                         www.flowgroup.uk.com 
 Tony Stiff, Group Chief Executive     Tel: +44 (0)20 3137 
  Officer                               4525 
 Nigel Canham, Chief Financial 
  Officer 
 
 Cenkos Securities plc (NOMAD          Tel: +44 (0)20 7397 
  and Broker)                           8900 
 Stephen Keys/Callum Davidson 
  (Corporate Finance) 
 Julian Morse (Sales) 
 
 Walbrook PR Ltd (Media              Tel: +44 (0)20 7933 8780 
  Relations)                          or flowgroup@walbrookpr.com 
 Paul McManus                          Mob: +44 (0)7980 541 
                                        893 
 Nick Rome                             Mob: +44 (0)7748 325 
                                        236 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 24, 2017 06:00 ET (10:00 GMT)

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