Emblaze says Q1 performance in line with its expectations

Date : 05/19/2008 @ 5:21AM
Source : TFN
Stock : Emblaze (BLZ)
Quote : 27.75  -0.5 (-1.77%) @ 11:45AM
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Emblaze says Q1 performance in line with its expectations

        LONDON (Thomson Financial) - Emblaze Ltd. said its first-quarter performance
remains in line with its expectations with a strong balance sheet and there has
been no significant change in its financial position during the first three
months of 2008.
    The positive momentum in the group's Growth business is continuing and the
activity of the Innovation arm is closely monitored to mitigate the risks, the
company said. 
    "We will continue to strengthen our business, both organically and via
targeted mergers and acquisitions and in light of the general market conditions,
we remain cautiously optimistic of our prospects for the year as a whole,"
Emblaze said.



TFN.newsdesk@thomson.com
tsm/ajb

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