12 Feb 2014 07:00
12 February 2014
IMMEDIA GROUP PLC
("Immedia" or "the Company")
Trading Update
Immedia Group Plc (AIM: IME) provides the following trading update in relation to the year to 31 December 2013:
Immedia had a strong fourth quarter of trading in 2013, particularly with advertising and production activities and audio equipment supplies in the lead up to Christmas. As a result turnover for the year to 31 December 2013 will be slightly ahead of market expectation.
The benefit of cost cutting and restructuring undertaken in 2012 combined with the strong fourth quarter trading indicates that profit before tax for the year to 31 December 2013 will be significantly ahead of Broker's forecasts. The Company expects to be in a position to announce its audited results for the year to 31 December 2013 towards the end of March 2014.
The Directors remain cautiously optimistic regarding the outlook for the year to 31 December 2014.
For further information please contact:
Immedia Group Plc | |
Bruno Brookes - Chief Executive Officer | +44 (0) 1635 556 200 |
Daniel Stewart & Company Plc | |
Paul Shackleton | +44 (0) 207 776 6550 |