Chairman's Statement

I am pleased to report that, after a weak first half, Quadnetics produced a significantly stronger underlying operating performance in the second half of 2008/9 as anticipated in the Company’s interim statement.

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Business Review

Trading for the year as a whole was difficult in comparison to the
previous year especially in the first half. It is especially pleasing to
have delivered the stronger second half performance predicted
at the interim statement in February...

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Highlights

70,655 Revenue £'000

1,828 Underlying profit* £'000

8.2p Underlying earnings per Ordinary share*

7.0p Dividends per share

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