LONDON (ShareCast) - Shares in Hull-based telecoms group KCOM rallied slightly as it kept guidance unchanged for the year ahead.
"Our expectations for this year remain unchanged since our interim management statement released on 30 January 2008 and we remain confident of delivering results in line with our current guidance for the financial year 2008/9," the group said.
KCOM shares have been under pressure since the statement in January. Then it said target margins of 5-8% in 2008/2009 and 7-10% in 2009/10 remain achievable.
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