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Charteris
- BY: Andrew Hore |
- POSTED: 01/02/2012 |
- COMMENTS: Add yours
Business and IT consultancy Charteris says that revenues will be lower in the six months to January 2012.
The share price fell by nearly one-quarter to 1.62p, valuing Charteris at £710,000.
Markets continue to be difficult but cost savings mean that the operating loss will be similar to the £458,000 reported in the first half of the previous year.
Charteris has enough finance for its immediate needs but any downturn could put its finances under pressure.
Management does see signs of improvement and it believes that Charteris can return to profit as long as the economy does not deteriorate.
The interim figures will be published in April.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2012_28.pdf
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