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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Volution Group Plc | LSE:FAN | London | Ordinary Share | GB00BN3ZZ526 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 0.20% | 504.00 | 503.00 | 505.00 | 505.00 | 498.50 | 501.00 | 99,956 | 10:43:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Equip Rental & Leasing, Nec | 328.01M | 37.37M | 0.1889 | 26.52 | 994.9M |
RNS Number:2259H First Artist Corporation PLC 07 February 2003 For immediate release 7 February 2003 FIRST ARTIST CORPORATION TRADING STATEMENT First Artist Corporation plc (LSE: FAN), the leading global football management and representation company, will announce its results for the six months ended 31 December 2002 in early March 2003. First Artist Corporation makes the following comments about its first half performance, and trading during the month of January 2003 - the first of the year's two football transfer windows. Transfer windows relate to the FIFA imposed rules which generally restrict the transfer of players between clubs to the month of January and May to August across the UK and Europe. As anticipated the first six-month's results of First Artist's football management business have been adversely affected by these new regulatory conditions. In view of these constraints, First Artist has been developing its business in sectors/regions which are unaffected by these restrictions, however, our results in January have been further impacted by the generally unfavourable economic climate in the sector. As a result, profit before tax is expected to be below market expectations for the year to 30 June 2003. With this uncertainty in the market, whilst the board remains confident about the level of business to be written during the next window (ending 31 August 2003), the visibility of earnings is less predictable. To help mitigate this, the company has embarked on a restructuring of its cost base. As indicated at the time of the release of the FY2002 results in October 2002, the Board remains confident in the long-term viability of the football sector and intends to position itself to take maximum advantage of this through expansion of the core football business. In addition, a business diversification strategy leveraging core skills into non-football related sectors has already commenced and is ongoing. - ENDS - For further information, please contact: WMC Communications 020 7591 3999 Scott Learmouth / Jo Livingston This information is provided by RNS The company news service from the London Stock Exchange END TSTILFLSFVIDIIV
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