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£8.36m
0.50p ()
11.75p
Date: Wednesday 06 Aug 2008
LONDON (ShareCast) - Vehicle replacement group Accident Exchange said trading in the first quarter of the year has been in line with company expectations.
Rental days in the first quarter increased to 307,000 compared to 251,000 for the same period last year and were little changed from 311,000 in the seasonally strong preceding quarter, the group said.
Working capital headroom at 31 July 2008 stood at £28.9m with an incremental £0.6m vehicle disposal proceeds due at the quarter end.
The group expects further improvement in cash collection rates and is seeing the benefits of the litigation strategy, which was initiated in January 2008, Accident Exchange added.
| Currency | UK Pounds |
| Share Price | 11.75p ![]() |
| Change Today | +0.50p |
| 52 Week High | 99.50 |
| 52 Week Low | 11.25 |
| Volume | 72,627 |
| Shares Issued | 71.14m |
| Market Cap | £8.36m |
| Beta | 1.09 |
| RiskGrade | 833 |
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| Latest | Previous | |
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| Final | Interim | |
| Ex-Div | 13-Aug-08 | 16-Jan-08 |
| Paid | 09-Sep-08 | 15-Feb-08 |
| Amount | 1.50p | 1.00p |
| CEO | Steve Antony Evans |
| Finance Director | Martin John Andrews |