RNS out for AGM30 Jun 2016 08:03
AGM Trading Statement
Porta Communications Plc, the AIM quoted international marketing and communications business, will make the following trading statement at the AGM.
After five months of the current year to 31(st) December 2016 underlying trading remains strong and fee income is running slightly ahead of this period last year. The run up to the UK Referendum and the subsequent outcome created and continues to cause uncertainty. Our geographically diversified businesses covering not only the UK but the Middle East, Far East and Australia are well placed in this context. Moreover the non-UK businesses will on consolidation be beneficiaries from the sharp drop in sterling.
Meanwhile we continue to build for future organic growth and our strategy to hire senior proven talent, particularly in the UK, remains in place.
Whilst the Board remain confident that our growth strategies will deliver results in the longer term forecasting the short-term outcome in all the current uncertainties would be unwise.