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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.


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We store and use information you provide as follows:

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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.

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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.

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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.


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

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Toad PLC (TGP)

  Print      Mail a friend       Annual reports

Tuesday 18 September, 2001

Toad PLC

Trading Statement

Toad PLC
18 September 2001

Toad revises trading statement for 2001

Further to the publication of Toad plc's interim statement to 30 June 2001,
where it was reported that the company's vehicle security business had
suffered from the loss of the Laserline distribution agreement and pressure on
margins, the division has since experienced a downturn in its vehicle alarm
sales for the original equipment market and lower than expected sales of its
new premium alarm range. Consequently it is anticipated that the company will
incur a reduced operating profit, compared to market expectations, for the
year to 31 December 2001. After deducting the costs of its investment in
ACTRA, interest and exceptional items it is likely that the group will
breakeven before amortisation of goodwill and intangibles.

The majority of Toad's core business, which focuses on providing a nationwide
mobile installation service for the UK's leading insurance, fleet and retail
customers and wholesaling in-car audio systems to the UK's specialist market,
is performing in line with the first half of the year.

Toad's Vehicle Technology Division manufactures and distributes three brands
of alarm systems to both the UK aftermarket and original equipment market.
Toad now estimates that a downturn in demand for OE systems, coupled with
lower than expected sales of one of their premium alarm ranges, is likely to
reduce sales by around £1.5m on market expectations for the year to 31
December 2001.

By the end of the year Toad will have invested over £600,000 in its new fleet
management operation, ACTRA Fleet. The system, which went on sale in the
summer, is currently performing in line with expectations.

Stephen Wheatley said:

'Obviously we are disappointed by the level of sales of our vehicle alarms and
the impact that this has had on the second half of this financial year.
However this is only part of our business, the rest of the core business has
performed well.

During the year we have been investing in our new Actra Fleet system and we
are encouraged by both the performance and take up of the system in the first
few months of sales. We have signed a two year exclusive agreement with
Datafactory, our German fleet management software partners, for their
excellent Webfleet system. This powerful system, which powers Actra Fleet,
will also enable us to develop partnership opportunities with other GPS/GSM
fleet solution companies who require a back-end fleet management solution to
their existing systems.'

Issued on behalf of TOAD plc                    September 18th 2001.

By Tony Edwards
TEL 01932 336161                 FAX 01932 336131


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