For release on 29 June 2017
Redde plc
(’Redde', ‘Group’ or 'Company')
Pre Close
Statement
Current Trading
The Board of Redde is pleased to announce that, further to its
Trading Update made on 27 April 2017,
trading for the final quarter ending 30 June
2017 has continued the positive trend shown in the first 9
months of the year. Indications are that the adjusted operating
profits for the financial year to 30 June
2017 are expected to be in line with market
expectations.
The Board expects to announce the results for the year ended
30 June 2017 in the early part of
September 2017.
| Enquiries |
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Redde
plc |
Tel: 01225 321134 |
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Martin Ward – Chief
Executive Officer |
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Steve Oakley – Chief
Financial Officer |
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Cenkos Securities
plc (Nominated Adviser and Joint Broker) |
Tel: 020 7397 8900 |
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Liz Bowman |
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N+1 Singer (Joint
Broker) |
Tel: 020 7496
3000 |
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Mark
Taylor |
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Square1
Consulting |
Tel: 020 7929
5599 |
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David Bick |
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Brian Alexander |
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Notes for
Editors:
About Redde plc:
Founded in 1992 and working predominantly with insurance
companies, insurance brokers and prestige motor dealerships, the
Redde Group of companies ("Group") provides a range of accident
management and legal services. The Group also deals directly with
large national fleets providing incident management and mobility
continuity and its activities also encompass a range of legal
services designed to assist claimant parties in partnership with
leading insurance companies, brokers and other bodies.
The Group is one of the market leaders in its fields of
business; it delivers accident management solutions to motorists
ensuring that they remained mobile until their own vehicles are
repaired or until they are put in a position to obtain a
replacement and it provides legal services to ensure they are
properly compensated for their injuries and losses where
appropriate.
The name Redde is associated, in Latin, with the concept of
restoration.