Trading Statement (0185J)
23 Junho 2011 - 11:58AM
UK Regulatory
TIDMCSC
RNS Number : 0185J
cScape Group PLC
23 June 2011
23 June 2011
cScape Group Plc ("cScape" or "the Group")
Trading Update
The Group announced in its interim results for the six months
ended 31 December 2010 that it had made a pre tax profit of
GBP65,000 for the period with both cScape Strategic Internet
Services ("CSIS") and Blue Sky Hosting having contributed to the
profit.
In his statement, Keith Young, Executive Chairman, noted that
the Board of cScape expected Blue Sky Hosting to continue to
deliver positive results in the second half of the financial year
but that the prospect for the CSIS side of the business was more
challenging as clients have been generally very cautious about
spending, leading to a reduction in the value of individual
projects.
The effect of this has been a material negative impact on the
Group's results for the year ending 30 June 2011.
Blue Sky Hosting, however, has continued to perform as
anticipated.
For further information, please contact:
Smith & Williamson Corporate Finance Limited Tel: 020 7131
4000
Azhic Basirov / Siobhan Sergeant
This information is provided by RNS
The company news service from the London Stock Exchange
END
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