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Sanctuary Group's annus horribilis.(News)

Music Week

| October 01, 2005 | Williams, Paul | COPYRIGHT 2005 CMP Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jan 26: profit warning 1.

Jan 27: announces turnover up 45% to 220.9m [pounds sterling] with profit of 24.8m [pounds sterling], for year to end of September 2004.

June 17: profit warning 2.

June 28: Coup announces interim, pre-tax profits down to 1.3m on turnover down to 85m [pounds sterling], and a debt level of 87.7m [pounds sterling], plus a 21.5m [pounds sterling] convertible loan.

Aug 23: profit warning 3. Share price plummets 40% in a day as group announces new banking arrangements

Sept 14: sells books catalogue to Music ...

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