Update from Debbie White14 Nov 2018 09:51
Simply reiterating yesterday's RNS
**For cascade** Update on Share Price
All
The recent negative coverage in the UK national press has caused some concern and is likely to have influenced the recent fall in the Interserve share price.
There is no significant new news in the coverage and our strategy and recovery plans remain on track. We have also issued a statement to the stock exchange (see below) to reiterate this and to restate that the company continues to expect a significant operating profit improvement in 2018, in line with market expectations.
As you all know, Fit for Growth remains on track and we have a clear strategy to build on the major progress we have made to date.
Please ensure all your teams, clients and customers are personally reassured.
STATEMENT FOLLOWING RECENT PRESS COVERAGE
“Interserve notes recent press commentary surrounding the Group and the movement in its share price.
Interserve confirms that the implementation of the Group’s strategy and the Fit for Growth transformation programme remains on track and the Group continues to expect a significant operating profit improvement in 2018, in line with management’s expectations.”
I look forward to speaking with you on our call tomorrow, where we can cover this in more detail.
Debbie