RNS21 Feb 2012 07:13
AHEAD OF EXPECTATIONS
Subject to Audit adjustments, it is anticipated that Group Trading profit is likely to be comfortably ahead of market expectations. In addition, recent changes in taxation legislation in Italy will also benefit the Group in 2011 and therefore, it is anticipated that the reported Earnings per share for the 2011 financial year will be well ahead of current expectations. Net debt is also likely to be lower than current market forecasts