10th Jan 2007 07:01
Glotel PLC10 January 2007 Embargoed until 07.00 10th January 2007 Glotel Plc Trading Update During the last week of 2006, there was a significant and unanticipatedsuspension of projects by some key customers in the USA, resulting in the layoff of contractors. In addition, the start dates for some major projects in the USA, which wereexpected to have commenced by early January, have been delayed. However, theoverall US sales pipeline remains strong. The Board believes the profit for the year to 31st March 2007 will now be belowmarket expectations. The Board is conducting a strategic review of its business. - Ends - For further information, please contact: Glotel Plc Weber Shandwick | Square MileLes Clark, Chairman Nick Oborne/James WhiteAndy Baker, Chief Executive 020 7067 0700020 7484 3000www.glotel.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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