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”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

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.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

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.

COOKIES

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.

HOW WE USE INFORMATION

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.

ACCESS TO YOUR INFORMATION AND CORRECTION

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.

WHERE WE STORE YOUR PERSONAL DATA

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.

CHANGES TO OUR PRIVACY POLICY

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.

OTHER WEBSITES

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.

CONTACT

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

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Armour Group PLC (AMR)

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Wednesday 02 May, 2012

Armour Group PLC

Trading Statement

RNS Number : 6112C
Armour Group PLC
02 May 2012
 



Armour Group plc ("Armour" or the "Group")

Trading Update

 

Armour, the UK's leading consumer electronics group focused on the in-car communications and entertainment and home entertainment markets, today issues the following trading update:

As outlined in the AGM statement, the Group's automotive division has continued to grow profitably in the first half of the year based on further expansion of its non-retail sales channels, particularly in agricultural and leisure vehicles and an increasing demand for its range of GPS and GSM antennae.  In the retail sales channel the business continues to experience weak consumer demand.

The home division has undergone a major restructuring in the past 12 months. There has been steady improvement in its underlying gross margins and the cost base is significantly reduced.  However, it continues to find its core UK retail markets very tough with sales volumes below both last year and our expectation. Consequently, it has remained loss making in the first six months of the year and it is now not expected to return to profit until the 2013 financial year.

Overall, the trading performance of the Group continues to be adversely affected by the weak UK economic environment, particularly in the Group's core UK retail sales channels. Despite an anticipated boost to the UK consumer electronics market from the forthcoming London Olympics, consumer demand and confidence is expected to remain subdued with no significant improvement in the near term. 

A considerable amount has already been achieved in sizing the Group for the reduced levels of consumer demand in our traditional markets and further work is ongoing in optimizing our cost base. Our product development program continues to deliver award winning, innovative products that have the potential to extend the Group's reach, targeting new markets less reliant on retail demand. We are increasing our investment in developing our international business to reduce our reliance on the UK markets that we currently serve. The Board believes that the overall strategy being pursued by the Group is the correct one and it is making progress on its return to profitability.  However, the Board acknowledges that the return to operational profitability is taking longer than originally anticipated and does not expect this to happen before the 2013 financial year. In the year to 31 August 2012 the Board now believes that it will report a loss before interest, taxation and exceptional costs, but a smaller loss than reported last year. 

A full trading update will be given with the interim announcement which is expected to be made in late May.

 

2 May 2012

Further Details:

Armour Group PLC                                          Tel: 01892 502700

George Dexter                                                   

John Harris

 

FinnCap                                                             Tel: 020 7220 0500

Geoff Nash/Ben Thompson

Stephen Norcross (broking)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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