WFCA PLC Change of Accounting Reference Date (5128G)
June 29 2012 - 8:23AM
UK Regulatory
TIDMWFCA
RNS Number : 5128G
WFCA PLC
29 June 2012
29 June 2012
WFCA plc
("WFCA", "the Company" or "the Group")
CHANGE OF ACCOUNTING REFERENCE DATE
WFCA announces that in reaction to a further decline in its
clients marketing budgets since the interim statement, it intends
to substantially impair its goodwill, currently valued at
GBP8,760,324, to a value close to GBP2.5 million. To expedite this,
it intends to bring forward its financial reporting period to the
30th April and will provide a preliminary announcement on the 9th
July.
Further enquiries:
WFCA plc
Stephen Latter, Financial Director Tel: 01892 703 201
Daniel Stewart & Company plc
David Hart & James Felix Tel: 020 7776 6550
WFCA plc is a uniquely placed full service Marketing
Communications Agency and positioned as the "London Agency not in
London". Their role is as a different kind of Agency, with
completely integrated and full service resource delivering
advertising, design, direct, digital and media solutions to a wide
range of blue chip Clients, but at a much lower cost than their
London based competitors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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