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Trading Update

24 Nov 2011 07:00

RNS Number : 6708S

Avesco Group PLC

24 November 2011

Avesco Group plc

Trading Update

Avesco Group plc (the "Group"), the provider of services to the corporate presentation, entertainment and broadcast markets, today issues the following trading update ahead of its full year results for the financial year ended 30 September 2011.

Trading in the final quarter of the financial year has continued the positive underlying trends in both revenue and margin that we have seen earlier in the year, with our Creative Technology business in North America (CTUS), MCL and Fountain Studios in particular delivering strong performances. Cash generation has also been very strong, producing a net positive cash flow for the Group after an investment of some £18m in new equipment to support the future growth and development of the Group.

Consequently the directors anticipate that when the results for the year to 30 September 2011 are announced in January 2012, they will be comfortably ahead of the current market expectations.

For further information please contact:

Avesco Group plc 01293 583400

Ian Martin, Chief Executive

John Christmas, Finance Director

finnCap 020 7220 0500

Ed Frisby, Corporate Finance

Brian Patient/Victoria Bates, Corporate Broking

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTBJBRTMBBTBBB

Date		Source	Headline
30th Jul 2012	12:49 pm	RNS	Director/PDMR Shareholding
9th Jul 2012	4:26 pm	RNS	Holding(s) in Company
25th Jun 2012	2:55 pm	RNS	Transaction in Own Shares
14th Jun 2012	2:42 pm	RNS	Further re directorate changes
14th Jun 2012	7:00 am	RNS	Interim Results
13th Mar 2012	7:00 am	RNS	1st Quarter Results
12th Mar 2012	3:48 pm	RNS	Result of AGM
13th Jan 2012	11:00 am	RNS	Director/PDMR Shareholding
12th Jan 2012	7:00 am	RNS	Final Results
24th Nov 2011	7:00 am	RNS	Trading Update
23rd Sep 2011	3:26 pm	RNS	Correction re Director's dealings
22nd Sep 2011	7:00 am	RNS	Director/PDMR Shareholding
24th Aug 2011	7:00 am	RNS	Correction re result of AGM and Directorate change
16th Jun 2011	7:00 am	RNS	Interim results for the period ended 31 March 2011
22nd Mar 2011	7:00 am	RNS	Director/PDMR Shareholding
15th Mar 2011	12:50 pm	RNS	Director/PDMR Shareholding
15th Mar 2011	7:00 am	RNS	1st Quarter Results
10th Mar 2011	11:56 am	RNS	Result of AGM
21st Jan 2011	10:41 am	RNS	Director/PDMR Shareholding
19th Jan 2011	2:35 pm	RNS	Director/PDMR Shareholding
17th Jan 2011	11:59 am	RNS	Court Case Update
13th Jan 2011	7:00 am	RNS	Final Results
22nd Dec 2010	11:11 am	RNS	Court Case Update
13th Dec 2010	5:56 pm	RNS	Holding(s) in Company
10th Dec 2010	7:00 am	RNS	Court Case Update
8th Nov 2010	7:00 am	RNS	Trading Update
2nd Aug 2010	11:27 am	RNS	Holding(s) in Company
28th Jul 2010	12:12 pm	RNS	Director/PDMR Shareholding
8th Jul 2010	7:20 am	RNS	Court Case Update
2nd Jul 2010	5:28 pm	RNS	Change of name of adviser
18th Jun 2010	7:00 am	RNS	Half Yearly Report
10th May 2010	7:00 am	RNS	Trading Update
14th Apr 2010	2:46 pm	RNS	Holding(s) in Company
13th Apr 2010	10:06 am	RNS	Holding(s) in Company
6th Apr 2010	10:03 am	RNS	Director/PDMR Shareholding
31st Mar 2010	3:32 pm	RNS	Director/PDMR Shareholding
12th Mar 2010	7:00 am	RNS	Result of AGM and Trading Update
10th Mar 2010	11:37 am	RNS	Holding(s) in Company
4th Mar 2010	5:42 pm	RNS	Holding(s) in Company
1st Mar 2010	3:28 pm	BUS	Statement re Avesco Group plc
26th Feb 2010	2:25 pm	BUS	Rule 8.1 - Avesco Group PLC
25th Feb 2010	5:14 pm	RNS	Holding(s) in Company
25th Feb 2010	2:42 pm	RNS	Rule 8.3- Avesco Group PLC
25th Feb 2010	12:40 pm	RNS	Rule 8.3- Avesco Group PLC
25th Feb 2010	11:14 am	RNS	Rule 8.3 - Avesco Group Plc
25th Feb 2010	10:44 am	RNS	Holding(s) in Company
25th Feb 2010	7:10 am	RNS	Director/PDMR Shareholding
25th Feb 2010	7:00 am	RNS	Statement re Offer Period
24th Feb 2010	11:45 am	RNS	Rule 8.3- (Avesco Group Plc)
23rd Feb 2010	10:04 am	RNS	Holding(s) in Company

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