P206 CEEFAX 206 Thu 3 Mar 13:56/01
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n1n1 |.% LADBROKE DEFENDS
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5 Ladbroke has suuprised vhe markeu j
5 a8 sla1hNn£ it1 di idend f%J @h" d
5 fir1t i @, dE1phja hi£hJu prgfitR, U
5 j
5 It cut its final dividend from j
5 6.23p to 1.08p, givimg a 1993 tot l d
5 of 6p, against 11.15p a year ago. j
5 j
5 The group also took an unexpeated j
5 exciptional charge of £55.4m, to j
5 give a pre-tax profit of £62.1m. j
5 j
5 Chie" executivd Peter Gegr%" sai% j
5 thu nearly halveh dividend and d
5 hefty charges weri necessary to j
5 clear out thj past and lay solid j
5 foundations for the future. U
5 k
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