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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Real Hotel Grp | LSE:RHG | London | Ordinary Share | GB00B3D2NR11 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.875 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9770R Reed Health Group PLC 12 November 2003 12 November 2003 Reed Health Group plc ("the Group") Chairman's AGM Statement At the Group's Annual General Meeting, held today at 11:00am the Chairman, Barry Hartop, made the following statement to shareholders: "Since the beginning of the financial year we have continued to make further progress in our Social Care, Medical and Nurse divisions however we are experiencing an ongoing low level of demand for teachers and certain allied health professions, particularly physiotherapy. "In anticipation of trading remaining at these levels for the foreseeable future, the Group's cost base is being adjusted and we have taken timely action to reduce our current branch cost base by managing productivity and monitoring performance closely. In addition, we are currently driving through central cost savings in insurance, IT systems, payroll services and reducing the Group's debtor days. In the current year, we anticipate central cost reductions will achieve savings of #1.0 million, with a further #0.5 million being realised from branch and divisional cost reductions. We do not expect this to affect our branch opening programme for the current year. "As a consequence of these actions, together with the new branches to be opened during the year, the Board anticipate that the Group's performance for the current year will be in line with their expectations." All of the resolutions proposed at the Annual General Meeting were approved. - Ends - For further information, please contact: Reed Health Group plc 020 7834 3181 David Fennell, Chief Executive Mark Garratt, Finance Director Weber Shandwick Square Mile 020 7067 0700 Louise Robson, Susanne Walker or Cass Helstrip This information is provided by RNS The company news service from the London Stock Exchange END AGMBTBBTMMJBBBJ
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