LONDON (Thomson Financial) - Universe Group PLC said its second-half pretax
profit will be less than the 447,000 stg reported in the first half even though
trading improvement and profits it experienced in the period continued into the
second half of the year.
The retail and loyalty systems company said revenues for the second half
will be only slightly higher than the 6.2 mln stg reported in the first half. It
added that it is confident that full-year results will show a significant
improvement on 2006.
Even though the order pipeline is strong, the fulfilment of a number of
significant orders won during the year has been slower than anticipated due to
"operational factors with the customers themselves".
tf.TFN-Europe_newsdesk@thomson.com
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