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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ultimate Fin. | LSE:UFG | London | Ordinary Share | GB0031685414 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7075G Ultimate Finance Group PLC 31 October 2007 31 October 2007 Ultimate Finance Group plc Result of Annual General Meeting and Trading Statement Ultimate Finance Group plc provides recourse factoring, invoice discounting and confidential invoice discounting At the Annual General Meeting held today all resolutions were unanimously passed. The Chairman stated in his comments to the meeting that he was pleased to report that for year ended 30th June 2007, Ultimate achieved a profit before tax of #301,986 compared with #278,710 in 2006. The Chairman stated that current trading remains in line with expectations in a difficult market. However, one-off restructuring and severance costs will impact on the current year's profit before tax, but not on underlying trading and hopefully will produce benefits in the future. Ultimate will continue to take all necessary steps to build sustainable shareholder value without compromising on the quality of its portfolio of clients. Costs continue to be tightly controlled whilst allowing for essential investment in sales and marketing. It is pleasing to report the new appointment of a regional sales director for the Midlands. This follows the fairly recent appointment of two other regional sales professionals in Cardiff and Manchester. We hope to be able to announce the appointment of a regional managing director for the South East shortly. These important additions to the sales team further enhance the board's confidence that Ultimate will continue to deliver future growth. The Chairman would also like to thank Brian Sumner and Derek Ashford, who have retired from the board to pursue other interests, for their contribution as founding directors. Enquiries: Ultimate Finance Group plc Richard Pepler, Acting Chief Executive 0845 251 3031 07870 212180 Clive Garston, Chairman 07802 356614 Dawnay, Day Corporate Finance Ltd David Floyd, Director 020 7509 4570 This information is provided by RNS The company news service from the London Stock Exchange END RAGFDIFFFSWSEES
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