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NEW YORK Cordiant Communications Group, by releasing its preliminary results for 2002 on Thursday morning, avoided having its shares suspended by the London Stock Exchange.
The British holding company reported that operating profit for 2002 was up 1.4 percent to nearly $60 million on revenue that fell 11.3 percent on an underlying basis to $847 million.
Following the loss of Allied Domecq on Monday, CCG had warned that it might not be able to issue its year-end results by the May 1 deadline set by the U.K.
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