Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKBC.L Regulatory News (KBC)

  • There is currently no data for KBC

Pre Close Trading Statement

8 Jul 2010 07:00

RNS Number : 0110P
KBC Advanced Technologies plc
08 July 2010
Β 

ο»Ώ

Β 

Β 

Β 

Β 

For Immediate Release

8 July 2010

Β 

KBC Advanced Technologies plc

("KBC" or "the Group")

Β 

Pre-Close Statement

Β 

KBC is pleased to announce the following trading update in relation to the interim results for the six months ended 30 June 2010 that will be released in early September.

Β 

We continue to expect the full year results to be in line with the Board's expectations. Since our statement in May we have seen evidence of an improvement in trading conditions and our consultant workforce is busier than at any time so far this year. Consultant utilization is expected to improve further as the year progresses. We have also taken action to further reduce our fixed cost base since the beginning of the year by an additional Β£1.3m in annualized terms that will deliver a net current year benefit of Β£0.4m.

Β 

June was our strongest month so far this year with Β£6 million of new awards, although contract awards during the first six months were slightly below those for the same period last year at around Β£23 million (2009: Β£24 million). The order book is expected to be around Β£40 million at 30 June, close to the level at the end of 2009.

Β 

The pipeline of sales contract opportunities remains strong and we continue to expect a stronger operational performance in the second half of the year.

Β 

-Ends-

Β 

KBC Advanced Technologies plc

George Bright, Chief Executive

Nicholas Stone, Operations and Finance Director

01932 236314

Β 

Weber Shandwick Financial

Nick Oborne/Clare Thomas

020 7067 0700

Arbuthnot Securities

James Steel/Ed Gay

020 7012 2000

Β 

Β 

Notes to Editors:

For 30 years KBC's consultants have provided independent strategic and engineering expertise to enable leading companies in the global energy business and other process industries to manage risk while maximising value from their assets. In times of economic uncertainty and increasing environmental pressure, KBC's proprietary methodologies and innovative tools guide its clients' key strategic decisions, enabling them to prioritise and implement initiatives that maximise return on investment, and improve operational performance. KBC offers Strategic and Market, Capital Investment, Operating, Organisational, and Environmental Solutions. For more information, visit www.kbcat.com.

Β 

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
TSTLLFLRDAIDIII
Date   Source Headline
22nd Jan 201610:25 amBUSForm 8.3 - KBC Advanced Technologies
22nd Jan 20169:49 amRNSForm 8.5 (EPT/NON-RI)
21st Jan 20165:46 pmRNSForm 8.3 - KBC Advanced Technologies Plc
21st Jan 20161:51 pmRNSForm 8.3 - KBC Advanced Technologies PLC
21st Jan 201612:17 pmRNSForm 8.3 - KBC Advanced Technologies
21st Jan 201611:42 amBUSForm 8.3 - KBC Advanced Technologies Plc
21st Jan 20169:43 amRNSForm 8.5 (EPT/NON-RI)
21st Jan 20169:33 amBUSForm 8.3 - KBC Advanced Technologies
20th Jan 20165:23 pmRNSForm 8.3 - KBC Advanced Technologies Plc
20th Jan 20163:29 pmRNSForm 8.3 - [KBC Advanced Technologies Plc]
20th Jan 201611:30 amRNSKongsberg Gruppen - Form 8.3 - KBC Advanced Tech
20th Jan 201610:08 amRNSTrading Update - Replacement
20th Jan 20169:38 amRNSForm 8.5 (EPT/NON-RI)
20th Jan 20168:38 amBUSForm 8.3 - KBC Advanced Technologies
20th Jan 20167:00 amRNSTrading Update
19th Jan 20163:29 pmRNSForm 8.3 - [KBC Advanced Technologies Plc]
19th Jan 201611:44 amBUSForm 8.3 - KBC Advanced Technologies Plc
19th Jan 201611:07 amPRNForm 8.3 - KBC Advanced Technologies
19th Jan 201610:33 amRNSForm 8 (OPD) KBC Advanced Technologies plc
19th Jan 20169:42 amRNSForm 8.5 (EPT/NON-RI)
19th Jan 20168:53 amBUSForm 8.3 - KBC Advanced Technologies
18th Jan 20162:56 pmBUSForm 8.3 - KBC Advanced Technologies Plc
18th Jan 201611:54 amBUSForm 8.3 - KBC Advanced Technologies Plc
18th Jan 201611:44 amRNSJohn Brice - Form 8.3 - KBC Advanced Technologies
18th Jan 201610:54 amRNSForm 8.5 (EPT/NON-RI)
18th Jan 20168:57 amBUSForm 8.3 - KBC Advanced Technologies
15th Jan 20163:07 pmBUSForm 8.3 - KBC Advanced Technologies Plc
15th Jan 201611:22 amRNSForm 8.5 (EPT/NON-RI)
15th Jan 201610:39 amBUSForm 8.3 - KBC Advanced Technologies
15th Jan 201610:08 amRNSForm 8.3 - KBC Advanced Technologies Plc
14th Jan 20163:32 pmRNSForm 8.3 - KBC Advanced Technologies plc
14th Jan 201611:09 amPRNForm 8.3 - KBC Advanced Technologies
14th Jan 20169:58 amPRNForm 8.3 - OPD KBC Advanced Technologies
14th Jan 20169:57 amRNSForm 8.5 (EPT/NON-RI)
14th Jan 20169:09 amBUSForm 8.3 - KBC Advanced Technologies
13th Jan 201611:08 amBUSForm 8.3 - KBC Advanced Technologies Plc
13th Jan 201610:44 amRNSForm 8.5 (EPT/NON-RI)
13th Jan 20168:50 amBUSForm 8.3 - KBC Advanced Technologies
12th Jan 20163:04 pmRNSForm 8.3 - KBC Advanced Technologies Plc
12th Jan 201612:24 pmRNSForm 8.3 - KBC Advanced Technologies Plc
12th Jan 20169:25 amBUSForm 8.3 - KBC Advanced Technologies
12th Jan 20167:00 amRNSOffer for KBC Advanced Technologies plc
4th Jan 201611:16 amRNSTotal Voting Rights
9th Dec 201510:20 amRNSHolding(s) in Company
13th Nov 201512:38 pmRNSHolding(s) in Company
5th Nov 201512:51 pmRNSHolding(s) in Company
23rd Oct 20157:00 amRNSNew Strategic Relationship and Contract Award
19th Oct 201510:26 amRNSDirector/PDMR Shareholding
5th Oct 20159:52 amRNSTotal Voting Rights
2nd Oct 20159:59 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.