Umeco publishes interim management statement

Umeco, a provider of supply-chain services and composite materials, has published its interim management statement for the period from 1 April 2010 to 27 July 2010.

Group revenue was 3.9 per cent higher than the same period last year, or 3.4 per cent higher in constant currency terms.

The group’s order book at 30 June 2010 was £240.5m, compared with £219.9m in the prior-year period and £227.4 in the previous quarter.

Net debt was recorded at £105.3m, compared with £130.2m in the prior-year period and £79.6m in the previous quarter.