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Last checked at 
5 May 2009 10:39
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Newmark SecurityΒ PLCΒ ("Newmark Security" orΒ the "Company")
Trading Update
At the time of the Company's interim results to 31 October 2008, announced on 17 December 2008, the Board highlighted thatΒ theΒ forecast for the remainder of the year was difficult to predict due to the prevailing depressedΒ economic climate,Β and thatΒ theΒ timing of new business opportunities was uncertain. As has been widely reported onΒ since the Company published its interim results, the economic climate has not improved. Although the general level of working with customers on projects and tendering has remained high overall, the economicΒ situation inΒ the country has stopped customers from signing off on orders which we believe would otherwise have been received. The Company thereforeΒ anticipatesΒ thatΒ operating profitΒ forΒ the year endedΒ 30 April 2009Β should not be less thanΒ Β£1.4Β million.
Maurice Dwek,Β Chairman, commented "markets have continued to be difficult with customers looking to delay certain projects and generallyΒ beingΒ more conservative in their investment plans. However, we have a strong portfolio of products and an excellent reputation in our chosen fields and firmly believe that prospects forΒ theΒ longer term remain encouraging.
The CompanyΒ anticipates announcingΒ its finalΒ resultsΒ for the year endedΒ 30Β April 2009Β inΒ midΒ July 2009.
Enquiries:
|
Seymour Pierce Limited |
||
|
Mark Percy |
020 7107 8000 |
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