29 Oct 2008 07:01
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Managed Support Services plc
TRADING UPDATE
The Board of Managed SupportΒ ServicesΒ plcΒ is pleasedΒ to announce that first half trading has beenΒ goodΒ andΒ as a resultΒ the Board currently expects that the full year resultsΒ to 31 March 2009Β willΒ comfortably exceedΒ current market forecasts. This performance reflectsΒ better than anticipatedΒ trading margins as a result of previous cost cutting measures.Β
NetΒ cash balances atΒ 30 September 2008 improved to Β£7.9 million, equivalent to 8.8p per share (17 June 2008: Β£5.2 million as last reported in the EGM statement).Β
FOR FURTHER INFORMATION, PLEASE CONTACT:
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Managed Support ServicesΒ plc: |
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Simon Beart, Chief Executive |
07710 444370 |
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Piers Wilson,Β Group Finance Director |
01483 735703 |
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Cenkos Securities plc: |
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Nick Wells |
020 7397 8900 |
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Stephen Keys |
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Buchanan Communications: |
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Richard Darby |
020 7466 5000 |
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Chris McMahon |
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