HAR Harvard

 

TIDMHAR 
 
RNS Number : 8438H 
Harvard International PLC 
02 March 2010 
 

Harvard International plc 
Trading Update 
Harvard International plc ("Harvard", "the Company" or "the Group") distributes 
digital media products in the UK and a broad range of consumer electronic 
products in Australia 
Despite the continuing difficult global economic environment and challenging 
market conditions, demand for consumer electronic products, particularly digital 
media, has held up relatively well. As a result of this, together with the 
progressive benefits accrued through both a more focussed product range and 
operational restructuring, the Group expects that results for the current 
financial year, ending 31st March 2010, will be in-line with  the Company's 
expectations. 
As announced with the Interim results the management have been undertaking a 
Business Review and expect to report on this before the end of May 2010. The 
Business Review is expected to set out the road map for the Group's future 
commercial strategy and define an appropriate level of capital required to 
support the new commercial strategy. 
The strength of consumer demand, in both UK and Australia remains difficult to 
predict and as such the Board remains cautious on the outlook for the next 
financial year. 
2nd March 2010 
ENQUIRIES: 
Mike Ashley, Chief Executive 
                                               Tel: 020 8238 7650 
Colin Grimsdell, Finance Director 
                                            Tel: 020 8238 7650 
Anthony Parker, Analyst & Media Communications 
                     Tel: 07791 201 467 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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