Trading Update
2009年9月14日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMNSV
RNS Number : 9636Y
NetServices PLC
14 September 2009
14 September 2009
NetServices Plc
Trading update
NetServices Plc (the 'Company') (AIM:NSV), the business-to-business unified
network provider, provides the following trading update before entering the
close period prior to the release of its preliminary results for the year to
August 31 2009.
The Company has made good strategic progress in the second half of the year by
increasing its level of Cisco accreditation, which it believes will provide a
significant boost for winning new business. During the second half of the
financial year NetServices has become a Cisco Premier Partner and also a Host/
Agent Managed Service Channel Partner ("MSCP"). This enables overseas MSCPs to
appoint NetSevices to provide managed network services for their UK based
connections.
In its interim results announced on 12 May 2009, the Company acknowledged that
establishing and developing the necessary relationships to monetise its MSCP
capability would take time; this has proved correct. As a consequence, the
Directors anticipate that the company will report an operating loss (before
non-recurring items) for the year to August 31 2009 in the order of GBP0.2m.
The Company's cash balances at the 31 August 2009 were GBP0.6m (gross).
Additionally in the interim results the Company reported that it had commenced
negotiations during the period which may or may not lead to a reduction in the
contractual obligation relating to its supply contract with Fibernet UK Limited
(part of Global Crossing). The Company has continued with its negotiations but
has yet to conclude them to its satisfaction.
We expect to provide further guidance and an update on current trading and
outlook at the time of the release of our preliminary results which is currently
anticipated to be during late November.
Enquiries:
NetServices plc Tel No: 0870 753 0900
Mark Vickers, Chief Executive
Ian Winn, Finance Director
Arbuthnot Securities Limited Tel No: 020 7012 2000
Tom Griffiths
Alasdair Younie
MC2 (Manchester) Limited Tel No: 0161 236 1352
Melanie Miotte
This information is provided by RNS
The company news service from the London Stock Exchange
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