Trading Statement
November 07 2007 - 1:02AM
UK Regulatory
RNS Number:1583H
Charterhouse Communications PLC
07 November 2007
Charterhouse Communications plc
06 November 2007
Trading update - November 2007
In light of the uncertainty in the mortgage broker industry, and advertisers'
current unwillingness to commit to marketing of products both in print and
online, the board of Charterhouse Communications plc ("Charterhouse" or the "
Company") is not certain at this stage that the Company will meet the current
year's overall profit expectations. At the same time, the Company's other
non-mortgage publishing and non-publishing markets continue to be on target to
meet forecast. In the meantime the Company will be taking appropriate remedial
action and restructuring in its B2B mortgage market, including cost reductions,
to mediate the impact of the slowdown in this business area and will be able to
update investors again when the interim results are announced in February 2008.
Enquiries:
For Charterhouse Communications plc
Anthony Peters, Chief Operating Officer and Finance Director 020 7827 5454
For Landsbanki Securities (UK) Limited, Nomad & Broker
Simon Brown 020 7426 9000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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