Press releases
Interim Results for 7 months to 30 June 2007
31 August 2007Modern Water on course with first results
Highlights
- Successful flotation in June 2007 raising £30 million before expenses
- Business strategy on track
- Good progress being made with plans for first commercial desalination plant
- Business Development Director appointed post half year end
Commenting on today's results, Neil McDougall, Executive Chairman of Modern Water said:
"The Group successfully floated on the London Stock Exchange's AIM market in June. We are in the early days of rolling out our strategy, but have so far made good progress. I am confident of our ability to deliver our business strategy and the team we have in place to drive this".
For further information:
| Modern Water plc | |
| Neil McDougall, Executive Chairman | 07740 930303 |
| www.modernwater.co.uk | |
| HeadLand Consultancy | 020 7367 5222 |
| Howard Lee or Tom Gough | |
| KBC Peel Hunt Ltd, Nominated Adviser and Broker | 020 7418 8900 |
| Jonathan Marren or Oliver Stratton |
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