Redde Plc Trading Update
18 December 2017 - 6:00PM
UK Regulatory
TIDMREDD
* 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:
Redde plc Tel: 01225 321134
Martin Ward, Chief Executive Officer
Stephen Oakley, Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Tel: 0207 397 8900
Joint Broker)
Elizabeth Bowman
N+1 Singer Capital Markets Limited (Joint Broker) Tel: 0207 496 3000
Mark Taylor
Square1 Consulting Tel: 0207 929 5599
David Bick
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.
END
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