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15 Dec 2010 07:00
15 December 2010
Electric Word plc
("Electric Word" or the "Company")
Trading Statement
Electric Word plc, the specialist information publisher, today announces the following update for the year ended 30th November 2010 prior to entering its close period and ahead of its preliminary results announcement on 15 February 2011.
Group adjusted profits before tax for 2010 are expected to be in line with the guidance in the statement released on 16 November 2010.
- ENDS -
Enquiries:
Julian Turner, Chief Executive, Electric Word | 020 7954 3470 |
Nicola Biles/Tim Spratt, Financial Dynamics | 020 7831 3113 |
Andrew Potts, Panmure Gordon | 020 7459 3600 |
Note:
Adjusted profit refers to the Group's definition of adjusted EBITA. This excludes amortisation and impairment of goodwill and intangible assets, exceptional gains and costs (non-trading and of a non-recurring nature), the tax impact of the adjusting items, the use of tax losses and tax credits from recognition of tax losses, and notional accounting charges. The amount for notional accounting charges is not a cash item and encompasses both the unwinding of discounts on preference shares and provisions and the charge for share based payment costs.
Ticker:ELE.LELWO.L (Reuters)
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