Avesoro Resources Regulatory News (ASO)

4 May 2006 11:25

Avesco PLC04 May 2006 For Immediate Release 4 May 2006 Avesco plc Trading Update for the year to 31 March 2006 Avesco plc ("Avesco"), the provider of services to the corporate presentation,entertainment and broadcast markets, announces a Trading Update for the year to31 March 2006. Ian Martin, Chairman, commented; "I am pleased to report that, as expected, theAvesco Group has made substantial progress since the first half of the year andexpects to report results in line with market expectations when the PreliminaryAnnouncement is made on 15 June 2006. The new equipment acquired with theproceeds from our capital raising last summer has had a positive impact andbegun to show good returns, with our Creative Technology business in Londonperforming particularly strongly. "The initial results from our new office openings in Cologne and Las Vegas haveboth been very encouraging and further new openings are now planned forelsewhere during the current financial year. "2006/07 has started well, with revenue in the first quarter of the yearexpected to be comfortably on budget" For further information please contact: Ian Martin, Chairman, Avesco plc Tel: 01293 583400John Christmas, Group Finance Director, Avesco plc Terry Garrett, Alex White, John MoriartyWeber Shandwick Square Mile Tel: 020 7067 0700 This information is provided by RNS The company news service from the London Stock Exchange