StockMarketWire.com - Triad Group Plc has its AGM today, at the meeting Triad's Chairman, John Rigg, will make the following statement: "As reported in my Annual Report statement dated 24 June 2011, in response to the challenging trading conditions faced by the Group, steps were taken by the Board to significantly reduce the cost base and change the management structure of the Group as it entered into the new financial year. Further to these measures, current year's performance to date has been in line with management's internal forecasts. The Board remains cautiously optimistic with regards to the remainder of the current financial year." Story provided by StockMarketWire.com