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14 May 2008 13:36
14 May 2008
KBC Advanced Technologies plc
("KBC" or "the Company")
AGM Statement and Trading Update
The following statement on trading will be made by KBC's Chairman, Christopher Powell-Smith, at the Company's Annual General Meeting on 14 May 2008:
"I am pleased to report that the first four months of 2008 have been very successful for KBC with continued growth in contract awards and backlog. This has been achieved against a background of very strong revenue and profits growth through the period, reflecting the continued strong demand for KBC's services.
On this basis, we believe that our financial performance for the year as a whole is likely to be significantly ahead of current market expectations."
- Ends -
For further information please contact:
KBC Advanced Technologies plc 01932 236314
George Bright, Chief Executive
Nicholas Stone, Operations and Finance Director
Arden Partners plc 020 7398 1600
Richard Day
Weber Shandwick Financial 020 7067 0700
Richard Hews / Rachel Martin / Hannah Marwood
Notes to Editors:
KBC Advanced Technologies plc, a leading independent consulting, process engineering and software group, delivers improved operating performance to the oil refining, petrochemical, and other process industries worldwide. We provide process consulting, strategic planning advice, energy price forecasting and market analysis, economic studies, capital project services, and training to help clients achieve their business objectives and improve their competitive position. The KBC human performance improvement division provides organisational effectiveness services, training programmes, operations manuals, and personnel development services. Our consultants recommend changes for material and measurable improvements in profitability. To assist clients in realising such improvements, KBC provides implementation services and software solutions, including the KBC SIM models and Petro-SIM™ for process optimisation, and energy optimisation software packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the Netherlands, Russia, China, and Japan. For more information, visit www.kbcat.com.
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