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Pin to quick picksAukett Swanke Regulatory News (AUK)

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Trading Update

8 Apr 2019 07:00

RNS Number : 3575V
Aukett Swanke Group PLC
08 April 2019
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Aukett Swanke Group Plc ("Company")

Trading update

Further to the AGM statement made on 28 March 2019, the Board is pleased to provide an update regarding the cash position of the Company as at 31 March 2019.

The Company will report an improved net cash balance of c. ยฃ200k as at 31 March 2019 (net cash as at 30 September 2018: ยฃ157k and net debt as at 31 March 2018: ยฃ311k).

As trading continues to improve during 2019, in line with the guidance re-iterated in the AGM statement, the Board expects to show further improvement in the cash position by the year end.

Enquiries

Aukett Swanke Group Plc - 020 7843 3000

Nicholas Thompson, Chief Executive Officer

Tony Barkwith, Group Financial Director

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finnCap - 020 7220 0500

Corporate Finance: Julian Blunt / Giles Rolls

ECM: Alice Lane

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Investor/Media enquiries

Ben Alexander 07926 054 111

Chris Steele 07979 604 687

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