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7 Oct 2010 16:06
PRINTING.COM PLC
("Printing.com" or "the Group")
PRE CLOSE STATEMENT
Post the last market update, trading across London and the south east of England has shown some improvement and is slightly above the level of the previous year. Outside of London and the South East trading remains slightly below the level of the previous year. Trading margins have slightly contracted principaly due to marketing support provided via monthly special offers.
Across the UK and Ireland, the network shows a slight increase in the number of outlets, reversing the previous decline.
The Company has enjoyed strong interest following the advanced marketing of its template driven online solution and is optimistic that this will contribute incremental revenues during the remainder of the financial year.
The Company looks forward to announcing its Interim Results on Monday 08 November 2010.
For further information:
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Printing.com plc Tony Rafferty (Chief Executive) Alan Roberts (Finance Director)
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07966 517 336 0161 848 5713 |
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Cubitt Consulting Chris Lane/Samantha Boston
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020 7367 5100 |
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Brewin Dolphin Ltd (Nominated Adviser) Mark Brady
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0845 213 4730 |
Background note:
Printing.com
In the UK, Ireland and France Printing.com offers a broad product range including leaflets, booklets, postcards, promotional cards, invitations, letterheads and business cards to consumers and small and medium sized companies. Unlike its competitors, Printing.com's Stores and Franchises do not depend on any printing equipment on location. The Group's printing and ancillary equipment is based at the centralised Production Hub with the head office in Manchester. All work is produced in full four colour rather than two colour. The printing sector has traditionally been served by smaller printing companies or other On Demand Printers and is estimated to be worth some £1- £2 billion.
Printing.com has three routes to market: Franchise Stores, Bolt-on Franchises and Company owned Stores.
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