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Share Name | Share Symbol | Market | Type |
---|---|---|---|
INSTONE REAL ESTGRP SE | TG:INS | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.61 | 8.44 | 8.78 | 8.65 | 8.56 | 8.59 | 3,850 | 22:50:03 |
RNS Number:5230R Infast Group PLC 31 October 2003 TRADING STATEMENT After weak sales in August and September, current trading continues to fall significantly below expectations. As a result, the second half profit before tax and goodwill amortisation is likely to be lower than that of the first. In addition, exceptional difficulties have recently been experienced in the management and resourcing process for one large industrial contract. This has caused costs to be incurred in obtaining substantial amounts of parts at short notice, as well as delaying the benefit of extra production volumes into one of our manufacturing facilities. This situation and its related disruption to our facilities is likely to reduce further the profit expectations for the current year by approximately #1.1 million. Cash flow remains positive and a reduction of net debt for the year is expected. The Directors anticipate maintaining the dividend for the year. For further information, please contact: Infast Group plc Tel: 01452 880 500 Robert Sternick, Group Chief Executive Rawlings Financial PR Limited Tel: 01756 770 376 John Rawlings This information is provided by RNS The company news service from the London Stock Exchange END TSTFDWFASSDSEIS
1 Year INSTONE REAL ESTGRP Chart |
1 Month INSTONE REAL ESTGRP Chart |
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