Best Regulatory News (BEST)



Regulatory News for Best (BEST)


Share Price: 21.50Bid: 20.00Ask: 23.00Change: 0.00 (0.00%)No Movement on Best
Spread: 3.00Spread as %: 15.00%Open: 21.50High: 20.48Low: 20.48Yesterday’s Close: 21.50





Trading Statement

Tue, 11th Jan 2011 07:00

RNS Number : 2232Z
Best of the Best PLC
11 January 2011
 

 

 

Best of the Best plc

("Best of the Best" or "the Company")

Trading Update

11th January 2011

 

 

 

Best of the Best, the leading luxury car competition company that operates both in airport terminals and online is pleased to announce that trading for the 6 month period to 30 October 2010 has been in line with market expectations.

 

Further to the announcement of 11th October 2010, relating to the termination of BAA contracts, the Directors have undertaken a strategic and operational review of the business. 

 

New competition structures with a broader appeal have been introduced to assist in the growth of the online business. In addition, the Company is in the process of expanding the range of competitions to reach a wider audience. 

 

Our new site at Dublin's Terminal 2 opened in November 2010, and whilst it has been affected by a delay in the build up of passenger volumes, the Directors are positive about prospects for this site in 2011.  The Company has also negotiated to retain its site in BAA's Edinburgh Airport.

 

Despite the unfortunate events of the past few months, the Directors are confident in the steps that have been taken to reshape the business, and that they have created a stable platform from which to rebuild and grow revenues.

 

The business continues to benefit from its healthy balance sheet position with current cash balances of £2.7 million.

 

The results for the 6 months ended 30 October 2010 are expected to be announced on 14

February 2011.

 

 

 

Enquiries:

Best of the Best plc

William Hindmarch, Chief Executive

Rupert Garton, Commercial Director

T: 020 7371 8866




Biddicks

Shane Dolan

T: 020 7448 1000




Charles Stanley Securities Nominated Adviser

Mark Taylor/Luke Webster

T: 020 7149 6000




Please visit www.botb.com  for further information

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTMMGMMRGNGMZM


Related Shares: Best of the Best (BEST).




1
Next Finance News Page

DateSourceHeadlineCategory
14-Jan-13 16:20RNSDirector/PDMR ShareholdingDirectors' Dealings
14-Jan-13 07:00RNSHalf Yearly ReportResults and Trading Reports
21-Sep-12 15:21RNSGrant of OptionsCompany Announcement - General
04-Sep-12 08:39RNSDirector/PDMR ShareholdingDirectors' Dealings
25-Jun-12 07:00RNSFinal ResultsResults and Trading Reports
30-Apr-12 07:00RNSGrant and cancellation of share optionsDirectors' Dealings
24-Apr-12 10:31RNSDirector/PDMR ShareholdingDirectors' Dealings
02-Apr-12 12:12RNSDirector/PDMR ShareholdingDirectors' Dealings
23-Mar-12 07:00RNSDirector/PDMR ShareholdingDirectors' Dealings
29-Feb-12 16:48RNSTotal Voting RightsHolding(s) in Company
20-Feb-12 07:00RNSShare CancellationTransaction in Own Shares
27-Jan-12 07:00RNSHalf Yearly ReportResults and Trading Reports
29-Nov-11 14:41RNSExercise of Call OptionCompany Announcement - General
24-Nov-11 15:31RNSResults of Tender OfferMergers, Acquisitions and Disposals
21-Nov-11 15:17RNSResult of General MeetingResults and Trading Reports
10-Nov-11 10:13RNSDirector Shareholding (Replacement)Directors' Dealings
10-Nov-11 09:00RNSDirector/PDMR ShareholdingDirectors' Dealings
04-Nov-11 07:00RNSTender Offer and General MeetingMergers, Acquisitions and Disposals
30-Sep-11 09:06RNSTotal Voting RightsHolding(s) in Company
19-Sep-11 17:04RNSAGM StatementResults and Trading Reports
08-Sep-11 15:55RNSTransaction in Own SharesTransaction in Own Shares
04-Jul-11 07:00RNSPreliminary ResultsResults and Trading Reports
17-May-11 07:00RNSTrading StatementResults and Trading Reports
31-Jan-11 07:00RNSInterim ResultsResults and Trading Reports
11-Jan-11 07:00RNSTrading StatementResults and Trading Reports
21-Oct-10 09:03RNSBAA UpdateCompany Announcement - General
11-Oct-10 11:35RNSTrading StatementResults and Trading Reports
17-Sep-10 16:40RNSAGM StatementResults and Trading Reports
22-Jul-10 10:53RNSDirector/PDMR ShareholdingDirectors' Dealings
12-Jul-10 07:00RNSFinal ResultsResults and Trading Reports

1
Next Finance News Page


Regulatory news is displayed end of day, each day at 19:00.
Sign up for Live Prices





Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.