6 Dec 2019 07:00
Haynes Publishing Group P.L.C.
Interim Close - Trading Update
Haynes Publishing Group P.L.C. ("Haynes" or "the Group") is pleased to announce a trading update for the first six months of its financial year ending 31 May 2020.
The Board expects adjusted profit before tax for the six months ended 30 November 2019 to finish ahead of the prior year by c. 37%.
The Group will announce its interim results on 30 January 2020.
Eddie Bell, Group Chairman, said:
"I am pleased to report another strong period of trading for Haynes, driven entirely by organic growth, with both revenue and underlying profit tracking ahead of the prior year.
Our strong performance is underpinned through our sustained investment in product innovation, content integration and growing data coverage, which continues to generate value for all stakeholders of the Group."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
Haynes Publishing Group P.L.C. +44 1963 442009
E Bell, Group Chairman
J Haynes, Chief Executive Officer
Investor Contact: Panmure Gordon (UK) Limited +44 20 7886 2500
James Stearns
Media Contact: New Century Media +44 20 7930 8033
Catherine Hems