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Share Name | Share Symbol | Market | Type |
---|---|---|---|
KBC Groep NV | EU:KBC | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.48 | -0.69% | 68.98 | 69.00 | 69.04 | 69.80 | 68.86 | 69.24 | 52,955 | 13:58:09 |
RNS Number:5330P KBC Advanced Technologies PLC 09 September 2003 KBC Advanced Technologies plc 9 September 2003 KBC Advanced Technologies plc ("KBC" or the "Group") Trading Update In our half-year results announcement on 14 August 2003 we referred to an improvement in KBC's trading performance during the second quarter of the current year and an expectation of further improvements during the second half of the year. It was also noted that further contract awards were needed in the short term to maintain the improved performance. Since that announcement KBC has had disappointing news on two contracts, which at that time were expected to be signed imminently and would have made a material contribution to the Group's trading performance in 2003. Signing of the contracts has been delayed and the profit contribution from the contracts will not be as significant for the current year as previously expected. Whilst trading is still expected to show an improvement during the second half of the year, in the light of this news KBC now expects to achieve a full year operating profit of around one half of that delivered in 2002. This setback comes at a time when KBC was looking forward to an improvement in trading performance following a difficult two years. Despite this, the Board believes there are still many opportunities which will allow recovery later this year and into 2004. Enquiries: KBC Advanced Technologies plc 01932 236314 Don Romano, Chief Executive Nicholas Stone, Finance Director This information is provided by RNS The company news service from the London Stock Exchange END TSTILFLAALITIIV
1 Year KBC Groep NV Chart |
1 Month KBC Groep NV Chart |
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