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| Share price | More share price information... |
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| 41.50p | 0.00p |
| 09 September 2010 | 08:33:50 |
Statement by the Chairman, James Leek:
I am pleased to report that the actions we have taken to improve profitability, and which were evidenced at the half year, have been continued during the remainder of 2009.
| Date | Title | Format | Size |
|---|---|---|---|
| 23-April-2010 | Annual Report 2009 | ![]() | 4.3 MB |
| 25-March-2010 | Preliminary Results 2009 | ![]() | 104 KB |
| 24-September-2009 | Half Year Results 2009 | ![]() | 185 KB |
At this early stage of the year our target is to at least maintain last year's level of profitability and show reasonable cash generation. Hopefully our initiatives with customers and service delivery will enable us to stem some of the revenue declines we have seen in the past two years. The early weeks of January naturally suffered with the snow and ice, but February and March have shown some recovery and are broadly in line with budget. In Automotive Services we are bidding for some important contracts during this year, and have already won some £900,000 of new Valeting and Movements business so far, however, we also have some major contracts coming up for renewal in the last quarter of the current year.
The strategic review of the Group is ongoing and has already led to a restructuring of some parts of the business and a detailed review of the profitability of certain contracts. Cost savings including a reduction in central overheads are consistently being made while still leaving us in a position to find new business in new markets through improved direct marketing. In addition the Board is consulting externally to formulate a strategy to grow a significant non-automotive business within the Group building on the existing activities of React but looking also to other areas of the Support Services Sector.
The last Annual General Meeting of Autoclenz Holdings Plc was held at Stanhope Road, Swadlincote, Derbyshire, DE11 9BE on Wednesday, 19 May 2010 at 11.30 am.
| Date | Title | Format | Size |
|---|---|---|---|
| 27-April-2010 | Form of Proxy 2010 | ![]() | 42 KB |
| 27-April-2010 | Notice of AGM 2010 | ![]() | 51 KB |
| 30-April-2009 | Notice of AGM 2009 | ![]() | 157 KB |
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