Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Caledonia Inv PLC (CLDN)

  Print      Mail a friend       Annual reports

Tuesday 23 October, 2001

Caledonia Inv PLC

Trading Statement

Caledonia Investments PLC
23 October 2001

                          CALEDONIA INVESTMENTS PLC


The board of Caledonia Investments plc ('Caledonia') considers it appropriate
to advise shareholders on its anticipated results for the six months ended 30
September 2001 in advance of the full interim announcement which will be
released towards the end of November.

Caledonia is usually viewed by reference to its underlying net asset value per
share, which has performed broadly in line with comparator market indices,
decreasing by some 15% over the period.

Profit before tax is expected to be about 35% of the £27.9m reported for the
equivalent period last year. Group operating profit will be substantially
lower than the £8.3m recorded in 2000, the significant variances being the non
repetition of two items - a £4.1m profit from the sale of a development site
and a £3.8m loan provision - included last year, a downturn in the engineering
activities of Sterling Industries and a reduction of nearly £3m in interest
receivable following the utilisation of group cash in the payment of the
special dividend last year and in continued investment.

Share of profits from associates will be some 25% lower than the £17.5m
recorded last year, reflecting a reduction of £9m in the contribution from
Close Brothers, based on the second half of its reported year to 31 July 2001.
This will be partially offset by a first time contribution from Sun
International Hotels, which has been treated as an associate since 1 October
2000. Associate interest payable will also increase as a result of this

No material profit on the sale of operations, which amounted to £4.0m in 2000,
arose in the period, although such profits by their nature are not consistent.
Adjusted earnings per share are expected to amount to rather more than 40% of
the 24.3 pence reported for the comparable period.

The board of Caledonia has made no formal decision on the level of the interim
dividend, but expects that this will not be less than the 7.8 pence per share
paid last year.

Commenting on the statement, Peter Buckley, Chairman of Caledonia, said:

        ' Although we are informing shareholders about our profit and loss
        account, we believe that the underlying value of our interests is of
        much greater importance. Whilst overall these have declined in line
        with markets generally over the last six months and uncertainty still
        prevails, we have confidence in the quality of our portfolio for the
        longer term.'


Peter Buckley

Chairman, Caledonia Investments plc

Tel: 020 7802 8080

Bill Trelawny/Charles Vivian

Citigate Dewe Rogerson

Tel: 020 7638 9571