Business
Pre Close Trading Statement
Pre Close Trading Statement.
About this update from Judges Scientific Plc
[{"type":"text","content":"\n Judges Capital PLC\n29 January 2008\n\n29 January 2008\n\n\n Judges Capital Plc\n ('Judges Capital' or the 'Company')\n\n Pre Close Trading Statement\n\nThe Directors of Judges Capital, the scientific instruments group, are pleased\nto announce a trading update in respect of the year ended 31 December 2007.\n\nAt the time of the interim results, issued on 21 September 2007, the Company\nreported that second half trading had started favourably benefiting from a\nstrong order book, that all businesses continued to enjoy active markets and\nthat the Board was confident of the Group's ability to meet its targets for the\nfull year.\n\nThe Board is pleased to report that the Group continued to trade strongly during\nthe second half. Consequently, the Board anticipates that the results for the\nfull year ended 31 December 2007 will be in excess of current market\nexpectations. The Board is also pleased to report that the Company entered the\nNew Year with an almost doubled order book compared to the level reached at the\nbeginning of 2007; in the opinion of the Directors, this augurs well for 2008.\n\nThe Board recognises that, in view of the limited liquidity in the Company's\nshares, the share price does not necessarily reflect the Group's favourable\nprospects. Accordingly, the Board intends, in the near future, to propose a \n'whitewash' resolution (per the City Code) to enable the Company to purchase its\nown shares without triggering an offer for its entire share capital.\n\nFor further information please contact:\n\nDavid Cicurel, CEO, Judges Capital: Tel: 01342 323 600\n\nAlex Borrelli, Shore Capital: Tel: 020 7408 4090\n\nMelvyn Marckus, Cardew Group: Tel: 07775 896 491\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2058,"tagName":"div"}]