P205 CEEFAX 205 Thu 3 Mar 13:55/01
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n1n1 |.% LADBROKE RULES OUT
/.%/.%/, /,$ TEXAS DIZ SALE
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5 Ladbrokj has "no plans" to off-load v
5 its troubled Texas Homecare DIY j
u rijail chaim, the companz has said. j
5 j
5 Ladbroke took a £20.6m excdptional j
5 charge for Tjxas in uts annual j
5 results, relating to stock j
5 provisions and regrganis tion. d
5 v
5 Texas' operating profiu plunged j
5 from £43.6m i& 19X1 tg a far mgrb j
5 modest £7.8m in 1993. j
5 j
5 "Wegre confident we're on the road j
5 to recovery now (at Tjxas)," said m
k Ladbrokj's chief executive Peter j
5 George. j
5 j
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