KCOM Group PLC - Trading Statement
Sep 30, 2013 (M2 PRESSWIRE via COMTEX) --
KCOM Group PLC ("the Group") issues the following trading update, ahead of its interim results for the half year ending 30 September 2013, due to be announced on 26 November 2013.
During the first half year, the Group has performed in line with expectations.
As we anticipated, net debt has increased since 31 March 2013 and we expect it will reduce in the second half to be in line with market expectations at the end of the financial year.
Commenting on trading, Bill Halbert, Executive Chairman stated, "I am pleased to report that the Group continues to make progress towards achieving its longer term objectives. The cash generative capacity of the Group means it is able to continue with its progressive dividend policy while continuing to invest in those areas that support the Group's ambition to achieve market leadership positions across all four brands."
For further information please visit: www.kcomplc.com
Bill Halbert, Executive Chairman / Paul Simpson, CFO
KCOM Group PLC
020 7422 8707
Cathy Phillips, Investor Relations
KCOM Group PLC
Matt Ridsdale/Lulu Bridges/Mike Bartlett
020 7920 3150
Lulu Bridges, Director
131 Finsbury Pavement
London, EC2A 1NT
Tel: +44 20 7920 3150
Mob: +44 7831 170 364
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.com on the world wide web. Inquiries to firstname.lastname@example.org.
[ Back To Technology News's Homepage ]