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Horizon delays results

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Horizon Technology Group is knocking back its 2005 earnings announcement by a week. It will now spill the bean(counter)s on 16 March.

The reseller group blames the short delay on "senior management time devoted to acquisition and integration activity delayed the preparation of the financial statements", it said today in a statement to the London Stock Exchange.

Last month, it bought Equip, a networking distribution business owned by Matrix Communications, for £10.6m.®

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