Aukett Swanke Group Plc ("Company")
Further to the AGM statement made on 28 March 2019, the Board is pleased to provide an update regarding the cash position of the Company as at 31 March 2019.
The Company will report an improved net cash balance of c. £200k as at 31 March 2019 (net cash as at 30 September 2018: £157k and net debt as at 31 March 2018: £311k).
As trading continues to improve during 2019, in line with the guidance re-iterated in the AGM statement, the Board expects to show further improvement in the cash position by the year end.
Aukett Swanke Group Plc - 020 7843 3000
Nicholas Thompson, Chief Executive Officer
Tony Barkwith, Group Financial Director
finnCap - 020 7220 0500
Corporate Finance: Julian Blunt / Giles Rolls
ECM: Alice Lane
Ben Alexander 07926 054 111
Chris Steele 07979 604 687
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: Aukett Swanke Group PLC
Market Cap: £2.6 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE