Pre-close trading update

 

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RNS Number : 2200O 
Davis Service Group PLC 
25 June 2010 
 

 
 
                                                                    25 June 2010 
 
 
                          THE DAVIS SERVICE GROUP PLC 
 
                            Pre-close trading update 
 
 
The Board of The Davis Service Group Plc ("the group") issues the following 
statement before entering its pre-close period and prior to its interim 
announcement, which will be issued on 27 August 2010. 
 
The trading conditions set out in our Interim Management Statement dated 30 
April 2010 remain unchanged. The group continues to trade in line with 
expectations, delivering higher margins on revenues which are broadly flat, 
strong free cash flow and maintaining a robust balance sheet. The group remains 
well placed to benefit further once growth returns to its markets. 
 
For further information contact: 
+--------------------------------------------+--------------------------+ 
|  The Davis Service GroupPeter Ventress,    |  Financial               | 
| Chief Executive                            | DynamicsRichard Mountain | 
| Kevin Quinn, Finance Director              | Telephone [phone]  | 
| Telephone [phone]                    |                          | 
|                                            |                          | 
+--------------------------------------------+--------------------------+ 
 
 
 
Notes: 
1.         Davis Service Group is a focused European textile maintenance 
business with leading positions in most of the countries in which it operates. 
As a focused business we are able to mobilise our resources to drive our 
strategies in our core area of expertise. 
2.         Sourced from management accounts; operating profit before exceptional 
items and amortisation of customer contracts and intellectual property rights. 
3.         Statements made in this announcement that look forward in time or 
that express management's beliefs, expectations or estimates regarding future 
occurrences are "forward-looking statements" within the meaning of the United 
States federal securities laws. These forward-looking statements reflect the 
Group's current expectations concerning future events and actual results may 
differ materially from current expectations or historical results. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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