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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
IN Cup | LSE:ICU | London | Ordinary Share | GB00B06C2Z82 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3837I In Cup Plus PLC 23 November 2007 23 November 2007 In Cup Plus plc Trading Update In Cup Plus plc ("In Cup" or the "Company") announces an update on its trading position for the current year. Since the completion of the recent placing on 26 October 2007, the Company has continued to receive a strong level of interest in its machines, however, a number of contracts expected to result in installations during this financial year remain unsigned. Although the Board remains confident that these contracts will be signed in the next few months, as a consequence of this delay the Board now believes that installations for the year ended 31 December 2007 will be significantly lower than previously announced. Despite this significant reduction and as a result of tight cost management, the Board anticipates that the loss before tax for the current financial year will remain in line with previous guidance. As a result of these delays the Board has reviewed in detail the 2008 forecast installation and loss figures contained in the shareholder circular dated 3 October 2007 (the "Circular") and believes it will still meet these targets (the 2008 installations figure includes those delayed installations in 2007 referred to above). The Board continues to believe that the Company's business model is robust and will prove successful demonstrated by the continuing month on month growth in ingredient revenues. Enquiries: In Cup Plus Martin Colenutt / Barry Marks 0870 746 1888 Deloitte Corporate Finance - Nominated Adviser Jonathan Hinton / James Lewis 020 7936 3000 IAF Securities Limited - Broker David Coffman 020 7747 7400 The directors of In Cup accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of In Cup (who have taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. This information is provided by RNS The company news service from the London Stock Exchange END TSTOKNKNDBDDFDB
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