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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Vantis | LSE:VTS | London | Ordinary Share | GB0031464620 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMVTS
RNS Number : 3354J
Vantis PLC
29 March 2010
Immedaite Release
29 March 2010
Vantis plc
("Vantis" or "the Company")
Trading Update
The Board of Vantis announces that following the completion of a detailed
re-forecasting process, it now expects activity levels in its Business Recovery
Division during the year ending 30 April 2010 to be below its previous
expectations. The Company also now expects a number of further exceptional
charges in the second half principally relating to asset impairment. These
charges will be substantially non-cash items.
The cost reduction programme, as set out in the interim results announced on 1
February 2010, continues and is expected to result in ongoing cost savings of
approximately GBP5 million per annum.
Enquires:
Vantis Plc
Tel: 020 7417 0417
Paul Jackson, Chief Executive
Stephen Smith, Interim Finance Director
Investec Investment Banking
Tel: 020 7597 5970
Martin Smith
Buchanan Communications
Tel: 020 7466 5000
Richard Darby
James Strong
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTLLFEIVFIAFII
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