Last checked at 3 Jun 2008 07:00
3 June 2008
Thomson Intermedia plc (the "Group")
Trading update for the year ended 30 April 2008
Thomson Intermedia plc (AIM: THN), a leading provider of media intelligence, today provides the following pre-close trading update for the year ended 30 April 2008.
The Board is pleased to announce that full-year results are expected to be in line with management expectations, after a good performance in the second half.
Following a strategic review of the business by Chief Executive Michael Greenlees, Thomson Intermedia has strengthened its position as the UK's leading provider of 'must-have' insights to the marketing and media industries. In April, the group announced a substantial re-launch of its products, with the addition of eight sector-specific platforms for Billetts Media Monitoring. The re-launch was received with enthusiasm by clients and industry observers.
As part of its strategy, the Group has successfully integrated all business units into new office space in Tower Hill, following the completion of its move in April.
Current trading is encouraging and the Board remains cautiously optimistic about the future prospects of the Group.
Chief Executive, Michael Greenlees said:
"This has been a period of significant change for the Group. As we continue our transition from providing data to providing value-added insights, we have built a strong and unique position in an ever-more complex media and marketing environment."
Thomson Intermedia plc will announce its preliminary results for the year ended 30 April 2008 on Wednesday 23 July 2008. A presentation to analysts will be held at 9.30am on the day in the offices of Thomson Intermedia.
Enquiries:
| Thomson Intermedia |
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| Michael Greenlees, Chief Executive | 0207 321 4000 |
| Andrew Beach, Finance Director |
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| College Hill |
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| Sara Musgrave | 020 7457 2020 |
| Carl Franklin |
|
| Landsbanki |
|
| Shaun Dobson | 020 7426 9000 |
| Claes Spang |
Notes to Editors
Thomson Intermedia plc (AIM: THN) provides tools to improve the effectiveness and efficiency of marketing expenditure. It was founded in 1997, to provide the first ever creative monitoring system that links directly to expenditure. The company enjoyed healthy growth, and floated on AIM in April 2000. In August 2005, Thomson Intermedia acquired billetts, the UK's leading provider of media audit and consultancy services. Today, Thomson Intermedia has over 300 customers, including 70 of the top 100 UK advertisers, 50 of which currently take more than one of the Company's products.
For further information please visit: www.thomson-intermedia.com