Business
Trading Statement
Trading Statement.
About this update from Theracryf Plc
[{"type":"text","content":"\n RNS Number : 9573Z Evolution Group PLC 24 January 2011 \n \n\n \n \n \n \n24 January 2011\n \n \n \nThe Evolution Group PLC\n(the \"Evolution Group\", the \"Group\", the \"Company\", \"Evolution\")\nTrading Update\n \nEvolution Group, the listed investment bank and private client investment management group, today issues its pre-close trading update for the financial year ending 31 December 2010.\n \nTrading update\nThe Group experienced better trading conditions towards the end of the year and full year results are expected to be in line with market estimates. \n \nOutlook\nThe renewed confidence of investors would seem to be gathering momentum, reflected by increases in equity market activity from both our institutional and private clients so far in 2011. The Group is experiencing a growing pipeline of corporate transactions and seeing increasing opportunities to win new mandates.\n \nGiven the development of the scale, quality and breadth of the Group's businesses over the past two years, Evolution can look forward with optimism and with the prospect of ongoing improving performance if market conditions continue to develop in line with economic and business cycles.\n \nForward looking statements\n \nThis pre-close statement may contain forward-looking statements with respect to the financial condition, results, operations and businesses of The Evolution Group PLC. Such statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that will occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by forward-looking statements and forecasts. Forward-looking statements and forecasts are based on the Directors' current view and information known to them at the date of this statement. The Directors do not make any undertaking to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Nothing in this pre-close statement should be construed as a profit forecast.\n \n-Ends-\n \nFor further information, please contact:\n \nThe Evolution Group PLC ...