Flomerics Group PLC - Trading Statement

RNS Number:1090D
Flomerics Group PLC
30 October 2002



                                                                 30 October 2002

                              FLOMERICS GROUP PLC

                               Trading Statement


In the interim statement released on 31 July 2002, the Chairman commented that
slow trading conditions would persist throughout 2002. As always, the results
for the year as a whole are significantly depENDent on renewals and new sales in
the fourth quarter. Whilst there is still a range of possible outcomes, the
Board now considers that the results for the current year are likely to be below
its expectations.

The directors believe that Flomerics is maintaining a strong competitive
position but, because of the cut backs that customers are continuing to make,
renewals are tENDing to be at a lower level and prospective new customers are
tENDing to defer purchases. As a result, the directors consider that turnover in
the current year is now likely to be below market expectations. However, the
impact on the bottom line will be reduced by the actions that continue to be
taken to control costs.

Looking ahead to 2003, the directors expect the difficult market conditions to
continue for some time. Nevertheless they see good prospects for some growth in
turnover with particular benefit being derived from the launch of the integrated
product of FLOTHERM and FLO/EMC in early 2003.


For further information please contact:

Flomerics:
David Tatchell, Chief Executive                       020 8941 8810
Chris Ogle, Finance Director

Teather & Greenwood:
Dugald Carlean                                        020 7426 9593

Buchanan Communications:
Tim Thompson                                          020 7466 5000