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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Brammer | LSE:BRAM | London | Ordinary Share | GB0001195089 | ORD 20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 164.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4043D Brammer PLC 06 November 2002 6 November 2002 Brammer plc Trading Update On 3 September Brammer plc announced its interim results for the first half of 2002 and gave a statement and outlook at that time. Since then sales revenues have continued in line with the expectations stated at that time. In Brammer Industrial Services we believe that we continue to gain market share in difficult markets. In September and October, on a sales per working day basis versus the same period last year, revenues grew by 0.9%. This represented growth of 1.7% in France, 1.0% in Germany, 7.0% in Spain, and a slight decline of 0.9% in the UK. October improved upon September and revenues increased in all territories. Since the start of September, we have won several large national and pan-European contracts. In Livingston our calibration and measurement services, and our computer products businesses have remained stable. The markets for our test equipment management services business continue to be weak as previously indicated. Our overall cost reduction plans are proceeding well and in line with plans outlined in September. We have continued to produce operating cash flow and at the end of October our net debt was #69 million (compared with #67 million on June 30th) having paid dividends of #6.0 million and acquisition and restructuring costs of approximately #2.5 million. This statement has been made to keep shareholders up to date with developments within the company. Enquiries: Brammer plc 0161 928 3363 David Dunn, chairman Ian Fraser, chief executive Paul Thwaite, finance director Issued by: Citigate Dewe Rogerson Ltd 020 7638 9571 Martin Jackson Anthony Kennaway This information is provided by RNS The company news service from the London Stock Exchange END TSTUUGPCGUPPGRA
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