Thought it would have a negative impact but last para sounds...

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    Thought it would have a negative impact but last para sounds very encouraging to me. Summary copied below:

    Headline News
    ISS Group warns of break-even result

    By RWE Australian Business News, 30 May 2007 Sydney - Wednesday - May 30: (RWE Australian Business News) -

    "ISS Group Limited (ISS) says it is difficult for the company to forecast the timing of new significant contract signings.

    Accordingly, the board believes that it prudent to advise shareholders that it is unlikely to announce and book any new major orders in the remainder of this financial year.

    This is expected to result in the company recording at best a break even result to 30 June 2007.

    ISS has been investing in the development of our overseas offices to take advantage of significant opportunities presented to us in these regions. We are beginning to see return on this investment with several orders.

    The board reassures shareholders of the high probability of success of a number of large contracts currently completing prefeasibility and feasibility trials."



 
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