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3.40 0.00 (0.00%)

Bid:

3.30

Ask:

3.50

Spread: 0.20 (6.061%)

Market Cap: £13.28m

Last checked at -

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Trading Update

22 Oct 2009 09:56

RNS Number : 2162B

Baydonhill PLC

22 October 2009

Baydonhill plc

("Baydonhill" or the "Company")

Trading update

Baydonhill (AIM: BHL), one of the UK's leading foreign exchange specialists, is pleased to provide the following trading update.

Trading update

The Company is pleased to announce that in September 2009 it achieved breakeven for the month at the EBITDA level. This was achieved through continued revenue growth in the Corporate Division and the restructuring of costs across the business.

Given the promising growth potential of the Corporate Division combined with the relatively stable revenue stream from the Private Client Division, the Company is now better equipped to deliver revenue growth and make significant progress towards achieving consistent levels of profitability.

Baydonhill expects to publish its half-yearly result for the period to 30 September 2009 in December 2009.

Enquiries:

Baydonhill Plc

Wayne Mitchell/Sarah Collis

Tel: +44 (0) 207 594 0515

Merchant John East Securities Limited

Bidhi Bhoma/Simon Clements

Tel: +44 (0) 207 628 2200

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTPUGAAUUPBURP

Date		Source	Headline
30th Jun 2009	9:40 am	RNS	Total Voting Rights
2nd Jun 2009	1:36 pm	RNS	Exercise of Warrants
30th Apr 2009	9:12 am	RNS	Total Voting Rights
20th Apr 2009	3:17 pm	RNS	Exercise of Options
24th Dec 2008	10:49 am	RNS	Correction - Half Yearly Report
24th Dec 2008	7:00 am	RNS	Half Yearly Report
5th Nov 2008	10:19 am	RNS	Director/PDMR Shareholding
14th Oct 2008	7:00 am	RNS	Directors Dealing
29th Sep 2008	7:00 am	RNS	Final Results
11th Aug 2008	3:08 pm	RNS	Directorate Change
1st Jul 2008	7:00 am	RNS	New Loan Facility
20th Dec 2007	7:01 am	RNS	Interim Results
29th Oct 2007	1:53 pm	RNS	Result of AGM
28th Sep 2007	12:17 pm	RNS	Final Results
24th Aug 2007	4:19 pm	RNS	New Loan Facility
24th Aug 2007	4:14 pm	RNS	Change of Adviser & Broker
16th Aug 2007	3:11 pm	RNS	Website Information
8th Jun 2007	9:29 am	RNS	Directorate Change
25th May 2007	11:54 am	RNS	Total Voting Rights
8th May 2007	9:47 am	RNS	Fund Raising by the Company
26th Apr 2007	12:37 pm	RNS	Stmnt re Share Price Movement
18th Jan 2007	7:00 am	RNS	Directorate Change
13th Dec 2006	2:56 pm	RNS	Voting Rights and Capital
29th Sep 2006	4:21 pm	RNS	Change of Name
20th Sep 2006	4:30 pm	RNS	Result of AGM
29th Aug 2006	3:30 pm	RNS	Notice of AGM
8th Aug 2006	7:01 am	RNS	Final Results
9th May 2006	5:27 pm	RNS	Board Appointments
13th Apr 2006	9:55 am	RNS	Holding(s) in Company
31st Mar 2006	10:27 am	RNS	EGM Statement
16th Mar 2006	7:01 am	RNS	Fund Raising Update
9th Mar 2006	7:02 am	RNS	Issue of Equity
9th Feb 2006	12:30 pm	RNS	Issue of Equity
23rd Nov 2005	3:34 pm	RNS	Interim Results
27th Sep 2005	4:49 pm	RNS	Further re Final Results
15th Aug 2005	10:20 am	RNS	Directorate Change
14th Jul 2005	7:00 am	RNS	Final Results
25th May 2005	12:09 pm	RNS	Holding(s) in Company
20th May 2005	2:19 pm	RNS	Notice of AGM
18th May 2005	2:48 pm	RNS	Holding(s) in Company
19th Apr 2005	7:00 am	RNS	Trading Statement

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