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VTS Vantis

10.25
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vantis LSE:VTS London Ordinary Share GB0031464620 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% 10.25 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Update

29/03/2010 11:53am

UK Regulatory



 

TIDMVTS 
 
RNS Number : 3354J 
Vantis PLC 
29 March 2010 
 

Immedaite Release 
                   29 March 2010 
 
                                  Vantis plc 
                          ("Vantis" or "the Company") 
 
                                 Trading Update 
 
 
The Board of Vantis announces that following the completion of a detailed 
re-forecasting process, it now expects activity levels in its Business Recovery 
Division during the year ending 30 April 2010 to be below its previous 
expectations. The Company also now expects a number of further exceptional 
charges in the second half principally relating to asset impairment. These 
charges will be substantially non-cash items. 
 
The cost reduction programme, as set out in the interim results announced on 1 
February 2010, continues and is expected to result in ongoing cost savings of 
approximately GBP5 million per annum. 
 
 
 
Enquires: 
 
Vantis Plc 
                                      Tel: 020 7417 0417 
Paul Jackson, Chief Executive 
Stephen Smith, Interim Finance Director 
 
Investec Investment Banking 
                    Tel: 020 7597 5970 
Martin Smith 
 
Buchanan Communications 
                  Tel: 020 7466 5000 
Richard Darby 
James Strong 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTLLFEIVFIAFII 
 

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