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BED Bede

0.64
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bede LSE:BED London Ordinary Share GB0002023454 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.64 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Update

04/02/2008 11:49am

UK Regulatory


RNS Number:2099N
Bede PLC
04 February 2008

                                    Bede PLC


                                 Trading Update


The Company provides the following update ahead of the release of its
preliminary results for the year ended 31 December 2007.


The Company expects to be reporting billings for Q4 in the region of £1.75
million, much of which was invoiced late in the quarter and will therefore be
collected during the current period.  Order intake for the quarter was below
plan at £1.1 million and the Company starts 2008 with an order book of £1.15
million.


The Company's net cash position worsened by approximately £0.3 million during
the quarter and at 31 December 2007 net borrowings stood at approximately £1.1
million.  The Board continues to review its strategic options to address the
going concern matters referred to in the Q3 statement and reports that the
Company continues to be in discussions that may or may not lead to an offer
being made for the Company.


Further announcements will be made in due course as and when appropriate


Enquiries:

Bede PLC
Hugh Rudden - Chief Executive              0191 332 4704
David Hall - Finance Director              0191 332 4704


Evolution Securities Ltd
Tim Worlledge                              020 7071 4300




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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