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Overseas expansion

6 Nov 2006 07:00

Admiral Group PLC06 November 2006 The Group is pleased to announce that its operation in Spain, trading under thename of Balumba.es, has opened from its offices based in Seville. It is intendedthat various marketing campaigns will be tested over the coming months andvolumes will be small during this period. The Group will provide further updatewhen it announces its full year results in March 2007. Henry Engelhardt, Chief Executive, commented that "the Managers in Spain haveworked extremely hard to get the approvals required, systems and staff in placeto launch our first overseas operation, and we congratulate them on reachingthis important milestone." This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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