29th Oct 2008 07:01
Managed Support Services plc
TRADING UPDATE
The Board of Managed Support Services plc is pleased to announce that first half trading has been good and as a result the Board currently expects that the full year results to 31 March 2009 will comfortably exceed current market forecasts. This performance reflects better than anticipated trading margins as a result of previous cost cutting measures.
Net cash balances at 30 September 2008 improved to £7.9 million, equivalent to 8.8p per share (17 June 2008: £5.2 million as last reported in the EGM statement).
FOR FURTHER INFORMATION, PLEASE CONTACT:
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Managed Support Services plc: |
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Simon Beart, Chief Executive |
07710 444370 |
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Piers Wilson, Group Finance Director |
01483 735703 |
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Cenkos Securities plc: |
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Nick Wells |
020 7397 8900 |
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Stephen Keys |
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Buchanan Communications: |
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Richard Darby |
020 7466 5000 |
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Chris McMahon |
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