25th Sep 2006 07:01
Farley Group PLC25 September 2006 Farley Group Plc Trading Statement 25 September 2006 Farley Group ("Farley" or the "Company"), the AIM-listed commercial, land andestate agency group which trades under the brand names of "Farleys" and "Humberts" is pleased to announce that trading in the second half of itsfinancial year to 30 September, 2006 is expected to exceed Directors'expectations. Consequently, the board expects that in terms of both turnover and normalisedprofit and earnings per share, the outcome for the year to 30 September 2006will exceed current market expectations. The Company also announces that it intends to change its name to Humberts plc atthe next general meeting of shareholders. The Company intends to announce its preliminary results to 30 September 2006 bythe end of January 2007. Commenting, Max Ziff, Chief Executive of Farley said: "I am delighted to report that we are trading ahead of current marketexpectations. The acquisitions we have recently announced are already making asignificant contribution to group profitability. In line with our strategy forgrowth, we continue to have a strong pipeline of acquisitions which we expect tocomplete over the next few months." For further information, contact: Farley Group Plc - 020 7318 1273Max Ziff, Chief Executive OfficerNigel Cartwright , Chief Financial Officer Corporate Synergy Plc - 020 7448 4400John Prior Sky Communications - 020 7385 6999Julia Arnold This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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