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Hartest Holdings

  • BY: Andrew Hore |
  • POSTED: 22/03/2009 |

Instrumentation supplier Hartest Holdings says that its loss will be higher than recently downgraded estimates.

This is partly down to higher relocation costs for some of the existing premises. There should be an operating profit before non-recurring costs in the year to March 2009.

The chairman, finance director and company secretary are all stepping down from the board.

Chief executive Geoff Spink will take on the additional role of executive chairman of Hartest.

At 15p a share, Hartest is valued at £1.29m.

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