ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SIV Sivota Plc

32.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sivota Plc LSE:SIV London Ordinary Share GB00BMH30492 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.50 30.00 35.00 32.50 32.50 32.50 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 5.92M -3.2M -0.2542 -1.28 4.09M

St. Ives PLC Statement re contract (4579R)

21/09/2017 1:01pm

UK Regulatory


Sivota (LSE:SIV)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Sivota Charts.

TIDMSIV

RNS Number : 4579R

St. Ives PLC

21 September 2017

21 September 2017

This announcement contains inside information

St Ives plc

("St Ives" or the "Group")

Statement re contract

St Ives, the international marketing services group, was informed today by Sainsbury's that its contract with the Group's Marketing Activation segment, for the production of in-store marketing materials, will not be renewed. The contract now represents approximately 3.5% of the Group's annual revenue and ends on 2 December 2017.

Management will be initiating actions to reduce the cost base of the segment to mitigate the impact of the non-renewal, with associated one-off cash restructuring costs of approximately GBP1 million within the financial year ending 3 August 2018.

Due to a stronger than expected trading outlook within the Group's Strategic Marketing businesses, we do not expect the non-renewal of the contract to have any impact on our trading outlook for the year ending 3 August 2018.

The Group will announce its Full Year Results for the 52 weeks ended 28 July 2017 on 3 October 2017.

- Ends -

For further information contact:

   St Ives plc                                                         020 7928 8844 

Matt Armitage, CEO

Brad Gray, CFO

   MHP Communications                                       020 3128 8100 

Tim Rowntree / Giles Robinson / Luke Briggs

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTSEMFFFFWSEIU

(END) Dow Jones Newswires

September 21, 2017 08:01 ET (12:01 GMT)

1 Year Sivota Chart

1 Year Sivota Chart

1 Month Sivota Chart

1 Month Sivota Chart

Your Recent History

Delayed Upgrade Clock