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UPDATE 1-Filtrona says H1 trading in line with its view

Fri Jun 26, 2009 2:22am EDT

Stocks

   

* Says confident of continuing to trade in line

* Says trading cash flow has been strong in H1 (Adds details)

June 26 (Reuters) - British plastics and fibre products company Filtrona Plc (FLTR.L) said on Friday its year-to-date trading was in line with its view and that it was confident this trend would continue. "Trading cash flow has been strong in the year to date as a result of continued focus on working capital and lower levels of capital expenditure," Filtrona, which makes products such as cigarette filters and lamination for passports, said in a statement.

The company said the relative resilience of the global tobacco industry had continued to benefit its coated and security products and filter products divisions.

Filtrona shares closed at 114.5 pence on Thursday on the London Stock Exchange. (Reporting by Kumar Alagappan in Bangalore; Editing by Himani Sarkar)



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