Trading Statement
September 26 2002 - 3:02AM
UK Regulatory
RNS Number:6662B
Capital Radio PLC
26 September 2002
26th September 2002
Capital Radio plc
Pre-Close Full Year Trading Statement
Capital Radio plc, the UK's leading commercial radio group, today announces a
trading update for the twelve months ending 30th September 2002, ahead of the
full year results due to be released on 14th November 2002.
In line with our expectations, we anticipate that our like for like radio
revenues for the six months ending 30 September 2002 will increase by 2% against
the same period in the prior year. As previously disclosed like for like radio
revenues were down 7% in the six months ended 31st March. Accordingly, we
anticipate that our like for like radio revenues will be down 2% for the year
ending 30th September 2002.
We continue to be cautious regarding the prospects for advertising in the UK for
the remainder of 2002.
Enquiries:
Capital Radio plc
David Mansfield, Chief Executive 020-7766-6288
Peter Harris, Finance Director 020-7766-6119
Finsbury Group
Rupert Younger 020-7251-3801
James Leviton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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