CLL.L Regulatory News (CLL)

15 Jan 2008 07:00

Cello Group plc15 January 2008 15 January 2008 Cello Group plc Pre-Close Trading Statement - year ended 31 December 2007 Cello Group plc ("Cello", AIM: CLL), the market research and consulting group,today provides the following pre-close trading update for the year ended 31December 2007. Since the announcement of our interims and trading update in early September,Group trading has continued to be strong with as expected a good performancefrom our Response division that traditionally has a second half weighting. TheBoard anticipates that the Group's results for the full year will be in linewith market expectations. The Board expects to report net debt at the year end of circa £6m, reflectingmuch improved operating cash conversion in the second half. The current outlook for the Group remains positive with a strong order book aswe start the year. Cello expects to announce its preliminary results for the year ended 31 December2007 on Tuesday 18 March 2008. Enquiries Cello GroupKevin Steeds, Executive Chairman 020 7812 8460 Kaupthing Singer & Friedlander Capital MarketsNicholas How/Marc Young 020 3205 7620 College HillAdrian Duffield/Rozi Morris 020 7457 2020 Notes to Editors (www.cellogroup.co.uk) Cello is a market research and consulting group that listed on AIM in November2004. The Group's strategy is to create value for shareholders by building a portfolioof research and consulting businesses capable of advising blue chip clientsglobally. Cello has annualised revenues of approx. £130million, annualised operatingincome in excess of £70million and employs approx, 800 professional staff. This information is provided by RNS The company news service from the London Stock Exchange