HRG Upbeat on Mixed Earnings, Discloses Acquisition Prices

Hogg Robinson Group today announced preliminary fiscal year 2007 results, including 4.8 percent higher revenues of $611 million and 9.7 percent higher earnings before interest, taxes, depreciation and amortization of $95 million. But chief executive David Radcliffe offered a mixed view of the company's recent performance and outlook, and its share price in London closed more than 18 percent lower today.