Business
Trading Statement
Trading Statement.
About this update from Personal Group Holdings Plc
[{"type":"text","content":"\n \nPersonal Group Holdings Plc (the \"Company\")\n\nTrading Update\n\n25 September 2006\n\nFurther to the Interim Results announced today for the six month period to 30\nJune 2006, the Company today announces its intention to commence an investment\nprogramme aimed at strengthening its product marketing capabilities.\n\nFurther permanent sales staff are to be recruited over the coming period to\nDecember 2007 into the Company's Universal Provident subsidiary, to reach a\nlevel of 15 permanent employees by the end of 2007. The Directors expect this\nadditional resource to boost sales of its private medical insurance products in\nthe long term.\n\nIn the short term the cost of this investment programme and other trading\nactivities may reduce profits for the full year to 31 December 2006 by up to\napproximately £0.5 million from those currently forecast by the market.\n\nEnquiries:\n\nPersonal Group Holdings Plc Tel: 0207 367 8888(on 25/9/06)\n\nChristopher Johnston, Chairman 01908 605000 ext 235 (thereafter)\n\nKen Rooney, Managing Director\n\nJohn Barber, Finance Director\n\n\n \n ","length":1283,"tagName":"div"}]