Notice of Results and Pre-close Trading Update

 

TIDMACS 
 
RNS Number : 9547P 
AI Claims Solutions PLC 
27 July 2010 
 

                             Ai Claims Solutions Plc 
                                  (AIM: ACS) 
                Notice of Results and Pre-close Trading Update 
 
Ai Claims Solutions Plc ("Ai"or "the Company"), the ethical motor claims 
solution provider, announces that its preliminary results for the year ended 30 
June 2010, will be released on Tuesday 28th September 2010. 
 
The announcement last February of the interim results for the period to 31 
December 2009 included the disclosure that the Company had commenced the 
implementation of a full outsource scheme for an insurer in run off.  Since that 
time, the level of activity associated with the run off arrangement has 
delivered repair volumes in excess of that initially anticipated. The Company 
has in addition witnessed increased demand from existing key referral sources. 
 
Both of these factors have positively benefitted the Company during the period 
ending 30 June 2010.  As a consequence, the Board now expects turnover, profit 
before tax and earning per share for the financial year ending 30 June 2010 to 
be ahead of market forecasts. 
 
The Company is also pleased to announce that two significant schemes with a 
major intermediary have also been implemented as expected.  The benefits of 
these new schemes will impact positively on the results for the year ending 30 
June 2011. 
 
                                     -ENDS- 
 
+------------------------------+------------------+ 
| For further information,     |                  | 
| please contact:              |                  | 
|                              |                  | 
| Ai Claims Solutions Plc      |                  | 
| David Sandhu                 |                  | 
| Peter Harrison               |                  | 
| Tel - 0870 889 0409          |                  | 
|                              |                  | 
| Shore Capital & Corporate    |                  | 
| Limited                      |                  | 
| Nominated Adviser to the     |                  | 
| Company                      |                  | 
| Dru Danford /  Stephane      |                  | 
| Auton                        |                  | 
| Tel - 0207 468 7905          |                  | 
+------------------------------+------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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