City Announcements
Interim Management Statement
Morse plc
Morse plc ("Morse" or "the Group"), the advisory & execution professional services company, publishes its interim management statement covering the period 1 January, 2008 to the date of this announcement.
Trading
The Management Consulting and Infrastructure Consulting businesses continue to trade in line with management's expectations in all regions.
The Applications Consulting business continues to be affected by a number of contract issues that are having a direct impact on the performance of this area of the business.
We continue to make good progress in the selected opportunities we are pursuing in the Building Schools for the Future (BSF) programme.
Outlook
The performance of the business remains satisfactory and we anticipate this continuing through to the year end.
Commenting, Kevin Alcock, Chief Executive of Morse plc, said: "The Group remains focused on achieving its stated performance targets. Morse has an excellent blue chip client base and is building a solid foundation in its chosen vertical sectors and specialist capabilities areas."
Contacts:
Morse plc Tel: 020 8380 8000
Kevin Alcock, Chief Executive Officer
Eric Dodd, Group Finance Director
Financial Dynamics Tel: 020 7831 3113
Harriet Keen
Haya Chelhot