CML  has  today  released  an  encouraging  AGM statement.  The  first  four months  of  the  year have  seen  operating results slightly  better  than those for the comparable period of last  year, with performance for the full  year on  track to  match  market  expectations.  Looking  to H2, management remains of  the  view  that  customer  inventory  issues  will  improve.  We  are retaining our forecasts and our positive view on the prospects for CML.