Trading Statement
18 Juin 2003 - 9:01AM
UK Regulatory
RNS Number:4546M
Goldshield Group PLC
18 June 2003
For Immediate Release: 07.00, Wednesday, 18 June 2003
Goldshield Group plc (the "Company")
Further Trading Update
In its preliminary results to be announced on Tuesday 24th June 2003, the Board
of Goldshield expects to report earnings before interest, tax and amortisation
slightly below market expectations. The results reflect deterioration, in
particular in the US Healthcare market and even higher than anticipated costs.
In the light of this performance the Board expects to write down the carrying
value attributable to goodwill by up to #5m, to be recognised as a one off
exceptional item and is reviewing the final dividend for the year.
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For further information, please call :
Buchanan Communications Tel: 020 7466 5000
Nicola How / Louise Bolton Tel: 07956 597 099
This information is provided by RNS
The company news service from the London Stock Exchange
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