Hasgrove incurs restructuring costs, gross income up

Hasgrove, a digital and communication services group, has said it expects to report gross income in the region of £16.5m (2010: £16.0m) and a pre-exceptional operating profit of around £0.8m (2010: £1.7m) for the year ended December 31st.

Hasgrove, a digital and communication services group, has said it expects to report gross income in the region of £16.5m (2010: £16.0m) and a pre-exceptional operating profit of around £0.8m (2010: £1.7m) for the year ended December 31st.

Hasgrove has largely completed the restructuring of its digital businesses following the sale of Interel, the public affairs and strategic communications division, in July 2011. As a result there will be an exceptional cost of £865,000 for the full year. No further significant exceptional costs are anticipated.

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