WYG – 61p

29 November 2012 – interim results

WYG’s interim results show the group return to operating profit, albeit a modest £0.3m. Progress in reducing the group’s legacy costs continues ahead of plan and the cash position of £12.7m (2011: £16.4m) is above management expectations. The group continue to make progress through the realisation of legacy cost savings while focussing the business on higher quality revenue streams. The shares have had a good run but we retain our BUY recommendation.

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