• News Release
•
Issue Date: Monday 18 December
2017
Redde plc (‘Redde’
or ‘Group’)
Trading Update –
Continued Growth in the First Half
Current Trading
The Redde Board is pleased to announce that the Group’s positive
start to the year that we referred to in our full year results
announcement on 7 September and AGM statement on 25 October 2017 has continued through into
December.
Sales continue to show an increase over the corresponding period
last year reflecting continued growth in trading volumes and as a
consequence, trading profits are ahead of the corresponding period
last year.
Results for the 6 months to
31 December 2017
The Board expects to announce the results for the 6 months to
31 December 2017 on Thursday
1 March 2018.
For further information,
contact: |
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Redde plc |
Tel: 01225 321134 |
Martin Ward, Chief Executive
Officer |
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Stephen Oakley, Chief Financial
Officer |
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Cenkos Securities plc
(Nominated Adviser and Joint Broker) |
Tel: 0207 397 8900 |
Elizabeth Bowman |
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N+1 Singer Capital Markets
Limited (Joint Broker) |
Tel: 0207 496
3000 |
Mark Taylor |
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Square1 Consulting |
Tel: 0207 929 5599 |
David Bick |
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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
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 the Group's
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 ensuring that they are
properly compensated for their injuries and losses.
The name Redde is associated, in Latin, with the concept of
restoration.