11th Feb 2015 07:00
RED24 PLC
(the "Group", "Company" or "red24")
Trading Update
red24, the crisis assistance company, is pleased to advise that trading prospects continue to improve with a number of new business wins and a particularly busy quarter for operational responses in the special risks area. As a result, the Board considers that the Company's financial performance in the year to 31 March 2015 will be ahead of current Board expectations with similar momentum expected to be carried through into the next financial year.
The company is pleased to confirm that its enhanced travel tracker product will launch at the Business Travel Show later this month. This product enables clients to monitor and track their travelling personnel on a 24/7 basis, thereby ensuring that they are able to fulfil their duty of care obligations effectively. It will be marketed and sold by a dedicated travel products team and is expected to lead to a growing number of opportunities for the company.
Enquiries:
Red24 plc Tel: 0203 291 2424
Simon Richards, Chairman
Maldwyn Worsley-Tonks, Chief Executive Officer
finnCap Tel: 0207 220 0500
Julian Blunt, Corporate Finance
Tony Quirke, Corporate Broking
Yellow Jersey PR Ltd Tel: 07768 534641
Philip Ranger, Kelsey Traynor
About red24
Red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals to avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies.
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