22 Jul 2005 10:45
ILX Group PLC22 July 2005 ILX Group plc AGM Statement ILX Group plc ('ILX Group'), the AIM quoted vocational education and trainingspecialist, today held its Annual General Meeting at 10:00am at 9th Floor, CityPoint, 1 Ropemaker Street, London EC2Y 9HT. All resolutions were passedunanimously. Following the formal proceedings of the AGM, Ken Scott, Chief Executive of ILXGroup plc, made the following statement to shareholders: "We are very pleased with the performance of ILX Group and were delighted toannounce recently a strong set of Preliminary Results for the year ended 31March 2005 which showed a return to profitability for the company. As I said when announcing these results, the financial year just ended hasallowed us to demonstrate that we can deliver profits, we can deliver growth andwe can deliver well judged acquisitions that can be successfully integratedwithin the framework of ILX Group plc. I am also pleased to report that trading in the first quarter has been veryencouraging, with continued strong organic growth on a like-for-like basis forthe four divisions combined. Over the last three months we have sold trainingproducts and services across the Group to nearly 500 customers including GKN,Cable & Wireless, London Clearing House, Computacentre, Fujitsu, Home Office,the MoD, Legal & General, PricewaterhouseCoopers, British Energy, EnglishHeritage and many local councils and authorities across the UK. Trading is in line with the Board's expectations and we continue to view thefuture with great optimism." For further information, please contact: ILX Group plc Binns & Co PR LtdKen Scott Paul McManusTel: 020 7371 4444 Tel: 020 7153 1485www.ilxgroup.com Mob: 07980 541 893------------------ Editor's Notes ILX Group plc is a leading provider of Project Management, IT, and BusinessFinance Training, delivered primarily through Computer Based Training (CBT) ande-Learning software, supplemented with more traditional classroom courses andworkshops. ILX Group currently trades through four divisions: •Intellexis (www.intellexis.com) - Global supplier of Financial Awareness Training •Key Skills (www.ksl.org) - Specialists in Multimedia based PRINCE2 and ITIL training •Computa-Friendly (www.computa-friendly.co.uk) - Market leader in FOI & Data Protection elearning •Mindscope (www.mindscope-uk.com) - The PRINCE2 Classroom training company This information is provided by RNS The company news service from the London Stock Exchange