Caffyns PLC
29 July 2004
FOR IMMEDIATE RELEASE
Caffyns plc
Chairman's AGM Statement
At the 95th Annual General Meeting of the Company held today, the Chairman, Mr
Brian Carte, commented as follows:
Trading in the current financial year has started satisfactorily although the
possible impact of rising interest rates may yet affect new car registrations.
We are pleased with the progress we have made in integrating our recent
acquisitions into the Company.
In our Annual Report, the Chief Executive stated that, in line with other groups
within the motor retail industry, we are in negotiations with HM Customs &
Excise over refunds due to the Company arising from changes in VAT case-law.
These negotiations are continuing and progress has been made. As soon as an
agreement has been reached, an announcement will be made.
This information is provided by RNS
The company news service from the London Stock Exchange
29 July 2004
FOR IMMEDIATE RELEASE
Caffyns plc
Chairman's AGM Statement
At the 95th Annual General Meeting of the Company held today, the Chairman, Mr
Brian Carte, commented as follows:
Trading in the current financial year has started satisfactorily although the
possible impact of rising interest rates may yet affect new car registrations.
We are pleased with the progress we have made in integrating our recent
acquisitions into the Company.
In our Annual Report, the Chief Executive stated that, in line with other groups
within the motor retail industry, we are in negotiations with HM Customs &
Excise over refunds due to the Company arising from changes in VAT case-law.
These negotiations are continuing and progress has been made. As soon as an
agreement has been reached, an announcement will be made.
This information is provided by RNS
The company news service from the London Stock Exchange
