Interim Management Statement
Triad Group Plc presents its interim management statement, as required by the UK Listing Authority Disclosure and Transparency Rules, which covers the period from 1 October 2010 to 17 February 2011.
Trading into the second half of the financial year has remained challenging due to continuing uncertainty in macro economic conditions and the resulting impact on customer spending.
Cash management continues to be the Board's top priority. Further significant cost reduction measures have recently been implemented to align the cost base of each of the Group's operating segments with anticipated levels of business, and to create a stable platform for the next financial year.