Half Yearly Report 2009
“While the first half of the year has been challenging, I am encouraged by the Group’s robust performance and that the balance sheet remains healthy with substantial cash balances. Our focus over the six months under review has been on managing the cost base tightly while continuing to explore growth opportunities.
Looking ahead, we remain cautious about trading conditions. However, the Company is in good shape; the Company’s portfolio holdings are held at highly conservative valuations and we have potentially significant initiatives underway in all areas of the business. The timing of fulfilment of these initiatives is difficult to predict as many factors are not within our control but we remain confident that we can continue to increase the value of our business, underpinned by a stable financial position.”
David Sigsworth
Chairman
Sigma Capital Group plc