DEVRO PLC 
By For Immediate Release 19 April 2012
Devro plc ("Devro" or " the Group") Interim Management Statement and Annual General Meeting
Devro plc, one of the world's leading manufacturers of
collagen products for the food industry, today issues the
following Interim Management Statement for the period from
1
January 2012 to date, ahead of its Annual General Meeting to
be held at 10.00am this morning. At the meeting, Steve
Hannam, Chairman of Devro, will make the following statement
on current trading.
"Devro has continued to make good progress in the year to
date, with continuing sales growth and a positive impact from
changes in sales mix.
"Total sales are ahead of the comparable period last year
with Eastern Europe, Russia, Japan, SE Asia and Latin America
all demonstrating solid growth, partially offset by slow
trading conditions in the UK. Sales of our premium Select
range continue to increase in Japan and Europe and represent
a growing proportion of the Group's edible collagen
sales.
"Manufacturing performance was slightly below
expectations early in the year, but recent performance is
much improved. The newly installed lines in Scotland are in
full production and product development work continues on the
new line in the USA. Capital investment in additional
capacity in the Czech Republic is proceeding as planned.
"The financial position of the Group continues to be strong
and we remain confident that the
Group is on track to meet the board's expectations for the
full year."
Peter Page, Chief Executive, commented "The continued growth
in volume and value of sales, across a wide variety of
markets, is most encouraging and reflects well on our
strategy for long-term growth."
Buchanan
Diane Stewart/Charles Ryland/Carrie Clement Tel 0131 226 6150
/ 020 7466 5000
Devro plc
Simon Webb
Further information on Devro
can be found on the company's website: www.devro.com
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