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AGM Statement

14 Mar 2013 11:00

RNS Number : 0064A
Arden Partners plc
14 March 2013
 



March 14th, 2013

 

 

Arden Partners plc ("Arden" or the "Company")

 

AGM Statement

 

Arden Partners plc (LSE: ARDN) - Peter Moon, Non-Executive Chairman of Arden will deliver the following statement at the Company's Annual General Meeting which is being held at 11 am today, March 14th, 2013.

 

Trading for the first four months of our financial year has been satisfactory.

 

Whilst the Board is encouraged at the pipeline of corporate finance work, we also remain cautious of the global economic outlook and deliverability in the second half is dependent on market conditions.

 

The Board continues to focus on tight control of overheads but has had the opportunity to recruit selectively in key strategic areas and at competitive levels of remuneration.

 

With a reduced overhead base, a strong balance sheet and our UK and Global franchises, Arden remains well placed amongst its peer group, even though the sector continues to face challenging trading conditions.

 

 

Enquiries:

 

Arden Partners plc 0121 423 8993

Steve Wassell - Company Secretary

 

Altium 020 7484 4040

Sam Fuller

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMUSURROOAOAAR

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