13 Jan 2016 07:00
13 January 2016
REGENERSIS PLC
("Regenersis" the "Company" or the "Group")
TRADING UPDATE AND NOTICE OF RESULTS
Regenersis Plc, a strategic outsourcing partner to many of the world's leading consumer technology companies, and the global market leader in data erasure software, issues this trading update in advance of its results for the six months to 31 December 2015, which will be announced on 8 March 2016.
The Group's performance in the first half of the current financial year was strong compared to the prior year and in line with expectations.
The Software business significantly increased sales, in line with the market's expectation for the full year, whilst also maintaining its operating profit margin. The Aftermarket Services businesses performed in line with expectations.
As a result of the strategic review process announced in September 2015, the board has received several indicative offers for the Aftermarket Services division. Although there can be no assurances, this process remains on plan and has moved onto its next stage within the expected time frame.
Enquiries:
Regenersis Plc +44 (0) 20 3657 7000
Matthew Peacock, Executive Chairman
Jog Dhody, Chief Financial Officer
Peel Hunt LLP (Nomad and Joint Broker) +44 (0) 20 7418 8900
Richard Kauffer
Euan Brown
Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500
Charles Leigh Pemberton
Dominic Morley
Tulchan Communications (PR Advisor) +44 (0) 20 7353 4200
Tom Murray
Regenersis provides a suite of product life cycle support services designed to help companies and their customers successfully deploy, protect, sustain, retire and re-use digital technology. Regenersis is additionally the owner of Blancco Technology Group, the global market leader in data erasure software, serving enterprises and governments around the world.
www.regenersis.com