Trading Statement
19 February 2009 - 6:00PM
UK Regulatory
TIDMSKHG
RNS Number : 5534N
Sky High PLC
19 February 2009
Sky High Plc ("Sky High" or the "Company")
Trading Update
In January, Sky High experienced a decline in sales enquiries and orders in the
UK Traffic Survey business. Although enquiries and orders in the Traffic Survey
business have in February returned to the same levels experienced in previous
years and are currently in line with expectations, the decline in January has
adversely affected trading in the final quarter of the current financial year.
As a result of these fluctuations, the directors have placed some of the
Company's employees on a reduced working week on a temporary basis, to give the
Company flexibility in managing its fixed cost base until they are confident
that enquiries and orders in the UK Traffic Survey business have normalised.
Halifax Computer Services Limited (trading as Sky High Data Capture) and Sky
High Australia Pty continue to trade well.
The Company continues to be cash positive and has strong working capital.
For further information, please contact:
+-------------------------------------------------------+---------------------+
| Sky High Plc | |
+-------------------------------------------------------+---------------------+
| Mark Mattison, Chief Executive Officer | 01937 833 933 |
+-------------------------------------------------------+---------------------+
| | |
+-------------------------------------------------------+---------------------+
| Blue Oar Securities Plc - Nominated Adviser & Broker | |
+-------------------------------------------------------+---------------------+
| Shane Gallwey / Blaine Tatum | 020 7448 4400 |
+-------------------------------------------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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