Trading Statement (1766F)
June 13 2012 - 3:30AM
UK Regulatory
TIDMQYM
RNS Number : 1766F
Quayle Munro Holdings PLC
13 June 2012
Quayle Munro Holdings PLC
("Quayle Munro" or the "Group")
Trading Statement
The Group announced within the Interim Report for the six months
to 30(th) December 2011, that the record performance of the
previous two financial years was unlikely to be matched in the
current financial year, taking into account prevailing market
conditions and the associated difficulty in anticipating the timing
of deal completions.
The Board now expects that the number of transactions
completing, and the associated revenues to be invoiced, in the
second half of the year ending 30(th) June 2012, will be
significantly lower than in the first half. This is likely to
result in a pre tax loss at Group level for the full financial
year.
The Board continues to be encouraged by the pipeline of new and
existing advisory business, with the possibility of major
transaction completions in the early months of the new financial
year.
Enquiries:
Quayle Munro Holdings PLC: +44 (0) 207 907 4200
Andrew Adams, Chief Executive
N+1 Brewin LLP (Nominated
Adviser) +44 (0) 131 529 0272
Sandy Fraser
This information is provided by RNS
The company news service from the London Stock Exchange
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