Sanderson Group PLC
17 October 2005
For immediate release
17 October 2005
Sanderson Group plc
Trading Update
Sanderson Group plc ('the Group'), the provider of software and IT services to
UK commercial markets, announces the following update on trading for the second
half of the year ended 30 September 2005 ahead of the preliminary announcement
of full year results which is expected to be made on 16 November 2005.
During the late Summer the Group experienced a slowdown in discretionary spend
from its existing customers particularly in the manufacturing sector. As a
result, the directors anticipate that the Group's pro-forma revenues and profit
before tax for the full year will be slightly below current market expectations
but are expected to match last year's levels.
In line with the Group's progressive dividend policy, the directors intend to
recommend the payment of a final dividend of 1.4p per share which, together with
the interim payment of 1.1p per share made on 24 June 2005, will represent a
total dividend for the year of 2.5p per share.
-ends-
Enquiries:
Christopher Winn, Executive Chairman
Sanderson Group plc
Tel: 02476 284325
Graeme Cull
Arden Partners
0121 423 8960
Paul Vann
Winningtons Financial
07768 807631
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.