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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tolent | LSE:TLT | London | Ordinary Share | GB0008268533 | 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% | 20.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 4908F Tolent PLC 09 October 2008 Tolent PLC Trading update 9 October 2008 Tolent provides the following update on trading for the year ended 31 December 2008. At the time of announcing the interim results on 20th August 2008 we reported continuing difficult trading conditions as a number of project starts were delayed or deferred. Since that date there have been further delays in terms of start dates for new contracts. The impact of this will be that the both the turnover and the profit for the second half of the year will be lower than had been anticipated. The secured workload is currently £90m. We reported previously that in addition to the secured workload there were substantial contracts of circa £70m in the pipeline and this remains the case. Negotiations in relation to these contracts are expected to reach a conclusion in the next few weeks with work programmed to start on site shortly thereafter. The cash position of the Group remains positive and that together with the forward workload provides the Group with a solid base to trade through this difficult period for both the construction industry and the economy in general. Enquiries: Tolent PLC 0191 4870505 Andy Clark, Finance Director Brewin Dolphin 0845 2708610 Andrew Emmott This information is provided by RNS The company news service from the London Stock Exchange END TSTMGMGGZLVGRZM
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