Annual Report and Accounts
30 Junio 2010 - 1:00AM
UK Regulatory
TIDMSTT
RNS Number : 4659O
Straight PLC
30 June 2010
Date: 30 June 2010
On behalf of: Straight plc ("Straight" or "the Group")
For immediate release
Straight plc
Annual Report and Accounts
Straight Plc (AIM: STT), the recycling products and services group, announces
that it has posted to shareholders the Annual Report and Accounts for the year
ended 31 December 2009.
The Annual Report and Accounts can also be viewed on the Group's website at:
www.straight.co.uk.
For further information, please contact
-end-
For further information, please contact
+----------------------------------------+----------------------+
| Straight plc | |
+----------------------------------------+----------------------+
| James Newman, Chairman | 07850 672 727 |
| Jonathan Straight, Chief Executive | 0113 245 2244 |
+----------------------------------------+----------------------+
| | |
+----------------------------------------+----------------------+
| Panmure Gordon | |
+----------------------------------------+----------------------+
| Andrew Godber / Katherine Roe | 0207 459 3600 |
+----------------------------------------+----------------------+
| | |
+----------------------------------------+----------------------+
| Redleaf Communications | |
+----------------------------------------+----------------------+
| Paul Dulieu / Mike Ward | 0207 566 6709 |
+----------------------------------------+----------------------+
Notes to Editors
* Straight plc is the UK's leading supplier of specialist kerbside recycling
containers as well as a key supplier of a broad range of waste and recycling
container solutions. Founded in 1993 by the current Chief Executive, Jonathan
Straight, the business has since supplied more than 12 million kerbside
recycling boxes to local authorities across the UK, securing its position as the
industry leader.
* In 2005, Straight acquired Blackwall Limited, the UK's largest supplier of
home composters and water butts. Through the Blackwall brand, Straight has
delivered more than 3.5 million compost bins and water butts.
* The business operates through two divisions. The core Trade Business supplying
products in bulk to local authorities, utilities, the waste industry, retailers
and other businesses and the Retail Business supplying a range of proprietary
environmentally friendly consumer products directly to the public, often in
partnership with a local authority or a utility.
* Straight operates a radical business model with all manufacture outsourced on
an international basis. Most production is local to the end market keeping
freight movements and associated emissions to a minimum.
* In February 2009, Straight added to its portfolio with the acquisition of
Harcostar Garden Products, a long established premium brand consisting of water
butts, compost bins, watering cans and accessories. This has gained new
distribution channels for the business in the UK and in Europe.
* In March 2010, Straight acquired the business and certain assets relating to
the UK manufacturing operations of Helesi plc, providing the Group with a
proprietary wheeled bin range for the first time.
* Straight plc has established diverse overseas sales channels and is now
producing and selling water butts in Australia as well as strong initial sales
in the United States and Canada.
* Further information about the company and its products can be found at:
www.straight.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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