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
19th Dec 20051:43 pmRNSHolding(s) in Company
13th Dec 20052:46 pmRNSHolding(s) in Company
13th Dec 200511:53 amRNSDirector Declaration
8th Dec 20053:26 pmRNSDirector/PDMR Shareholding
24th Nov 200511:26 amRNSHolding(s) in Company
23rd Nov 20053:22 pmRNSHolding(s) in Company
23rd Nov 20057:02 amRNSInterim Results
22nd Nov 20055:17 pmRNSHolding(s) in Company
11th Nov 20057:29 amRNSRe Contract & Notification
10th Nov 20054:58 pmRNSHolding(s) in Company
8th Nov 20052:44 pmRNSHolding(s) in Company
7th Nov 20052:51 pmRNSDirector/PDMR Shareholding
24th Oct 20053:40 pmRNSHolding(s) in Company
18th Oct 20053:12 pmRNSHolding(s) in Company
10th Oct 20053:28 pmRNSHolding(s) in Company
26th Sep 20054:53 pmRNSDirector/PDMR Shareholding
6th Sep 20057:01 amRNSDirector/PDMR Shareholding
17th Aug 200511:06 amRNSHolding(s) in Company
12th Aug 20057:00 amRNSInterim Results
4th Aug 200510:59 amRNSDirector/PDMR Shareholding
14th Jul 20059:19 amRNSHolding(s) in Company
12th Jul 20051:43 pmRNSDirector/PDMR Shareholding
8th Jul 20055:31 pmRNSHolding(s) in Company
4th Jul 20056:20 pmRNSHolding(s) in Company
29th Jun 20051:57 pmRNSBlocklisting Interim Review
29th Jun 200511:36 amRNSEGM Statement
15th Jun 20054:05 pmRNSHolding(s) in Company
14th Jun 20057:00 amRNSFinal Results
10th Jun 200511:46 amRNSDirector Shareholding
6th Jun 20051:40 pmRNSSchedule 1 - Mavinwood PLC
1st Jun 200510:12 amRNSProposed Acquisition -Replace
1st Jun 20057:00 amRNSProposed Acquisition
25th May 20054:56 pmRNSHolding(s) in Company
24th May 20054:59 pmRNSHolding(s) in Company
20th May 20051:15 pmRNSHolding(s) in Company
20th May 20059:17 amRNSNew Contract
19th May 20054:05 pmRNSHolding(s) in Company
11th May 20051:16 pmRNSDirector Shareholding
10th May 20054:59 pmRNSCompletion of Acquisition
10th May 200512:14 pmRNSEGM Statement
3rd May 20057:00 amRNSNotice of Results
25th Apr 20054:51 pmRNSHolding(s) in Company
22nd Apr 200510:50 amRNSSchedule 1 - Mavinwood PLC
20th Apr 20054:07 pmRNSHolding(s) in Company
14th Apr 20052:54 pmRNSHolding(s) in Company
14th Apr 20051:18 pmRNSDirectorate Change
14th Apr 20051:10 pmRNSAcquisition & Issue of Equity
12th Apr 20051:06 pmRNSHolding(s) in Company
12th Apr 20057:30 amRNSProduct Update
8th Apr 200511:19 amRNSHolding(s) in Company

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.