Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRestore Regulatory News (RST)

Share Price Information for Restore (RST)

Share Price is delayed by 15 minutes
Get Live Data
254.00    -1.00 (-0.39%)
Bid:
253.00
Ask:
255.00
Spread: 2.00 (0.791%)
Market Cap: £339.42m
RST Live PriceLast checked at - London Stock Exchange

Intraday Restore Share Chart

Pre Close Trading Statement

26 Jan 2011 07:00

RNS Number : 0288A
Restore PLC
26 January 2011
 



 

26 January 2011

 

 

Restore plc

("Restore" or the "Group")

Pre Close Trading Statement

 

Restore plc, the AIM listed data handling business, is pleased to confirm that the Group's trading in 2010 is in line with expectations.

 

Restore's document storage business finished the year strongly. The cost savings from the integration of Restore and Wansdyke have exceeded management's expectations and operational efficiency has increased. Datacare, which was acquired in September 2010, has also exceeded management's expectations and will make a strong contribution to profit in the year. Integration is progressing well.

 

The Formsafe business which was acquired in December 2010 to continue Restore's strategy to develop the Group's data management activities has shown early signs that it will prove a valuable addition to the Group's document storage activities.

 

Peter Cox, the property restoration business, has returned to healthy profitability in line with management expectations. However, as expected, DCS, the scanning business, continues to be impacted by very tough market conditions.

 

Charles Skinner, Chief Executive of Restore plc, commented:

 

"The Board believes that the Group is well placed to take advantage of opportunities in its markets. The core business, document storage, is performing well. The two acquisitions made during the second half of 2010 are already giving every indication of being valuable additions to the Group."

 

 

 

For further information, please contact:

 

Restore plc

Charles Skinner, Chief Executive

Tel: 07966 234 075

 

Cenkos Securities

Nicholas Wells / Elizabeth Bowman

Tel: 020 7397 8900

 

Threadneedle Communications

John Coles

Tel: 020 7653 9848

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTPGURPGUPGUBA
Date   Source Headline
17th Dec 20157:00 amRNSAcquisition of Diamond Relocations Limited
14th Dec 20155:08 pmRNSHolding(s) in Company
11th Dec 201511:44 amRNSHolding(s) in Company
8th Dec 20158:18 amRNSCompletion of acquisition
7th Dec 20155:11 pmRNSResult of General Meeting
2nd Dec 201510:14 amRNSHolding(s) in Company
10th Nov 201512:14 pmRNSIssue of Equity
5th Nov 20154:54 pmRNSPosting of Circular and Notice of General Meeting
4th Nov 20157:00 amRNSAcquisition and Placing
13th Oct 20153:31 pmRNSHolding(s) in Company
18th Sep 20153:58 pmRNSHolding(s) in Company
15th Sep 20157:00 amRNSHalf Yearly Report
18th Aug 201510:01 amRNSCompletion of acquisition
17th Aug 20157:00 amRNSAcquisition of Crimson UK Limited
5th Aug 20157:00 amRNSAcquisition of Imaging and Archiving
23rd Jul 20159:14 amRNSHolding(s) in Company
22nd Jul 20157:00 amRNSTrading Update
6th Jul 20157:00 amRNSAcquisition of ITP Group Holdings Limited
9th Jun 201512:02 pmRNSHolding(s) in Company
4th Jun 201510:54 amRNSIssue of Equity
1st Jun 20153:42 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
15th May 20153:05 pmRNSHolding(s) in Company
15th May 20153:01 pmRNSResult of AGM
15th May 20157:00 amRNSAGM Statement
17th Apr 20159:59 amRNSIssue of Equity
25th Mar 20152:50 pmRNSAnnual Report and Notice of AGM
18th Mar 20156:26 pmRNSTR-1: Notification of Major Interest in Shares
11th Mar 20157:00 amRNSFull Year Unaudited Results 2014
6th Mar 20154:25 pmRNSHolding(s) in Company
2nd Mar 201511:26 amRNSHolding(s) in Company
11th Feb 20159:46 amRNSHolding(s) in Company
22nd Jan 20157:00 amRNSYear End Trading Update
13th Jan 20153:26 pmRNSHolding(s) in Company
9th Jan 20152:38 pmRNSHolding(s) in Company
9th Jan 201510:58 amRNSHolding(s) in Company
2nd Jan 20157:00 amRNSAcquisition of Ancora Solutions
12th Dec 20144:02 pmRNSHolding(s) in Company
3rd Dec 20149:19 amRNSHolding(s) in Company
1st Dec 20145:06 pmRNSHolding(s) in Company
4th Nov 20141:08 pmRNSHolding(s) in Company
13th Oct 20145:18 pmRNSHolding(s) in Company
10th Oct 20143:38 pmRNSIssue of Equity
10th Oct 20143:18 pmRNSHolding(s) in Company
10th Oct 201410:04 amRNSHolding(s) in Company
7th Oct 201412:17 pmRNSHolding(s) in Company
6th Oct 20147:00 amRNSAcquisition
26th Sep 20149:58 amRNSHolding(s) in Company
19th Sep 20144:06 pmRNSHolding(s) in Company
10th Sep 20147:00 amRNSDirectorate Change
10th Sep 20147:00 amRNSHalf Yearly Report

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.