Trading Update
November 19 2003 - 10:34AM
UK Regulatory
RNS Number:2630S
Auto Indemnity Group PLC
19 November 2003
AUTO INDEMNITY GROUP Plc
TRADING UPDATE
19h November 2003
Positive trading in the second six months of our current 18 month financial
period, means that the Board now expects profits, for the 12 months to 28th
December 2003, to be significantly ahead of current market forecasts. Good cost
control, together with new contract wins which have now commenced, means that
our present expectations for the 18 month financial period to 27th June 2004 are
also materially ahead of market forecasts.
The Company will be announcing its second interim results for the 12 months to
28th December at the end of February 2004.
Contact:
Adrian Palmer (CEO Auto-Indemnity Plc)- 0870 889 0416
Mike Sawbridge (Teather & Greenwood Ltd) - 0151 242 0613
This information is provided by RNS
The company news service from the London Stock Exchange
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