Trading Update

RNS Number : 4873G

Aukett Fitzroy Robinson Group PLC

23 October 2008

 



For release 7:00am Thursday 23 October 2008

Aukett Fitzroy Robinson Group Plc ('the Company')

Trading update

The Company is pleased to report that trading in the second half of the year progressed reasonably despite the turmoil in global financial markets. After taking account of any provisions which might be required against specific projects with funding issues we remain confident that our year end result will be generally in line with market expectations.

During the year we have taken steps to reduce our staffing levels, particularly in the UK, to reflect our view of the anticipated reduced level of activity in the market.  

The fall-out from the 'credit crunch' is now being felt across our network of international offices. Our group order book remains strong but we cannot predict, with certainty, which projects will continue in the present economic climate.

Nevertheless, we remain confident that our ongoing strategy, focus on strong cost controls and an increasing international operational base will prove beneficial.

Enquiries:

Aukett Fitzroy Robinson Group Plc

Nicholas Thompson, Chief Executive Officer    020 7636 8033

Duncan Harper, Finance Director

FinnCap                                                          020 7600 1658

Sam Smith / Clive Carver

Adventis Financial PR                                      020 7034 4759

Chris Steele / Tarquin Edwards

Ends

 

END

 

 

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