A very brief AGM statement from Northgate today confirms that the Group continues to trade in line with expectations and to make progress towards its strategic objectives. Although no colour is provided on recent regional or market trends, the update should provide reassurance after a period of share price weakness. The shares have suffered as the market has digested the implications of recent depreciation policy changes and a soft close to the prior year for the UK business. We expect the Group ....
17 Sep 2015
Reassuring, albeit brief, update confirms FY guidance
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Reassuring, albeit brief, update confirms FY guidance
Redde Northgate PLC (REDD:LON) | 373 -5.6 (-0.4%) | Mkt Cap: 840.9m
- Published:
17 Sep 2015 -
Author:
James Tetley -
Pages:
3
A very brief AGM statement from Northgate today confirms that the Group continues to trade in line with expectations and to make progress towards its strategic objectives. Although no colour is provided on recent regional or market trends, the update should provide reassurance after a period of share price weakness. The shares have suffered as the market has digested the implications of recent depreciation policy changes and a soft close to the prior year for the UK business. We expect the Group ....