Trading Statement
(Thomson Reuters ONE) - Helphire Group plc24th July 2009Helphire Group plc ('Helphire' or the 'Company')Trading updateHelphire Group plc ("the Company") has been advised by one of itssignificant referrers that it expects to end referrals to the Companywithin the next few months. This development is being factored intoour previously announced restructuring plans which are designed toimprove our profitability.Martin Ward Group Managing Director commented:"We have enjoyed a long relationship with this particular referrerhowever, over time maintaining this relationship has led to a levelof profitability that would have become unsustainable in the nearterm. Both parties are actively seeking ways to continue therelationship in other areas."For further information, contact:Helphire Group plcRichard Rose, Chairman 01225 321134Martin Ward, Group Managing Director 01225321134Gayatri Barua-Howe, Group CommunicationsManager 01225 321175Cenkos Securities 020 7397 8900Ian SoanesAdrian HargraveCollege Hill 020 7457 2020Roddy WattTony FriendNotes to EditorsHelphire Group plc is the market leader in the provision of accidentmanagement assistance to drivers involved in road accidents that werenot their fault. Working with the UK's top insurance companies, itsservices include provision of like for like replacement vehicles,financing of vehicle repairs, legal expenses and the management ofpersonal accident claims.Helphire was founded in 1992 and floated on the London Stock Exchangein 1997. With a staff of over 2,600 and a fleet of over 17,000vehicles to meet its customer requirements, the award winning Groupis headquartered in Bath. Operating under the UK Accident Managementand Legal Services divisions, the Company has five call centre sitesand a national network of 30 branches.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 24.07.2009 - 08:56 Uhr
Sprache: Deutsch
News-ID 3943
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