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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Feedback Plc | LSE:FDBK | London | Ordinary Share | GB00BJN59X09 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 62.50 | 60.00 | 65.00 | 62.50 | 62.50 | 62.50 | 168 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Computers | 1.03M | -2.92M | -0.2188 | -2.86 | 8.33M |
RNS Number:8617L Feedback PLC 7 June 2000 FEEDBACK PLC - Trading Statement - The Board announces that preliminary indications show that whilst the results for the year to 31 March 2000 will show a significant improvement on the results for the previous year, they will not meet current market expectations. The Board expects, however, that the Group's pre tax profit for the year to 31 March 2000 will be approximately #600,000 against #182,400 for the year 31 March 1999. The Board remains confident about the Group's future prospects. The shortfall resulted from delays in anticipated sales within the Group's educational businesses, particularly at the Group's 50% joint venture company, TekniCal. Following the move of TekniCal to a stand alone basis, with a consequent build up of establishment costs, expenditure on new product development was increased to ensure that this Company maintained a leading position in the delivery of internet based training solutions. Interest in this area of the business remains high and current prospects are very encouraging. Discussions are presently underway to supply the TekniCal product, both the Virtual Campus and the Virtual Training Manager, to a number of end user and corporate customers. In other businesses within the Group, order intake for the first quarter of the current year is expected to be broadly in line with expectations. A further up-date will be given in the preliminary announcement of the Group's results to 31 March 2000, due in the week commencing 19 June 2000. Enquiries: Roger Barnett Managing Director Feedback plc 01892 653322 Robert Corden Charles Stanley & Company Limited 0207 739 8200 END TSTEADKXELLEEFE
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