VICP Vicorp

    RNS Number : 2653L
  Vicorp Group PLC
  07 January 2009
   

    7 January 2009

    Vicorp Group Plc
    ("Vicorp", "the Group", or "the Company")

    Trading Update



    Full year results year ending 31 December 2008

    The directors of the company announce today that it expects to make a loss for the year ended 31 December 2008 ("full year"). Trading
has been affected by delays in certain contracts being signed leading to reduced sales. Consequently, the final results for 31 December 2008
are expected to fall materially below current market expectations, as published by Edison on 16 September 2008, which indicated sales and
losses before tax for the full year of �2.65m and �0.5m respectively. These expectations will not be met.

    The Group will release a publication date for its full year results in due course.


    CEO Brendan Treacy commented: "We have witnessed a general reduction in procurement within our sector leading up to the year end.
However, we anticipate that there will be further uptake in voice self-service during the economic downturn as evidenced by recent new sales
leads being generated".

    -ends-

    For further information, please contact:

    Brendan Treacy, Chief Executive, Vicorp Group PLC                Tel: 01753 660 500
    www.vicorp.com

    Peter Manfield, SVS Securities PLC                                       Tel: 0207 638 5600

    Ray Zimmerman/Jonathan Evans, 
    Zimmerman Adams International Limited                                 Tel: 0207 060 1760


This information is provided by RNS
The company news service from the London Stock Exchange
 
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