RDF Group PLC
("RDF" or "the Company")Trading Update The Board of RDF Group PLC (AIM: RFG), the IT services company, with offices in
Brighton, Bristol, Edinburgh and London, announced in its interim results for
the six months to 30 September 2007, that it was confident that the results for
the second half of the year ended 31 March 2008 would be an improvement on
those for the first half.
Following a review of the results for the second half of the year, the Board
now expects the Company's turnover in the second half to be broadly comparable
to that in the first half. However, the pre-tax profit for the six months to 31
March 2008 is expected to be at a breakeven level and, hence, the pre-tax
profit for the full year are not anticipated to increase much above those
achieved in the six months to 30 September 2007. The figures currently
available to the Board are still subject to a review by the auditors and any
resultant provisions or adjustments required under IFRS.
The Company's performance in the second half was negatively impacted by
unprecedented events experienced in the business of a major customer resulting
from the global credit crisis in the third quarter. However, following measures
deployed by the management of the Company, trading has improved and the Company
has experienced a return to profitability in the last quarter of its financial
year.
18 April 2008 For further information on the RDF Group visit www.rdfgroup.com or telephone
01273 200100.
Nominated Adviser & Broker: Smith & Williamson Corporate Finance Limited 020 7131 4000
Azhic Basirov / Siobhan Sergeant END
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