Trading Update

RNS Number : 3575V

Aukett Swanke Group PLC

08 April 2019

 

Aukett Swanke Group Plc ("Company")

Trading update

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.

Enquiries

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

Investor/Media enquiries

Ben Alexander    07926 054 111

Chris Steele         07979 604 687

 

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