Progility Regulatory News (PGY)

8 Oct 2007 07:00

ILX Group PLC08 October 2007 For release at 07.00, Monday October 8th 2007 ILX Group plc (ILX/L) Period end trading update for the six months to 30 September 2007 ILX Group plc, the AIM quoted business education and training specialist, ispleased to report strong trading for the six months to 30 September 2007. Theinterims results are expected to be reported in the week commencing 19 November2007. The Corporate Training Group ("CTG") division has seen continued growth inturnover and profitability. Its bookings into 2008 are well ahead of the sameperiod last year, in spite of recent disruption to financial markets. The Best Practice division is benefiting from the integration process carriedout earlier this year. Costs have been reduced and the restructuring willbenefit both sales and margins in the future. During the period the division hasmade a number of contract gains and increased its market share. Ken Scott, Chief Executive of ILX Group commented: "In light of our order books and the visibility of future earnings we view theprospects for the rest of the year with confidence." Enquiries: ILX Group plc 020 7751 7100K Scott / J Pickles Adventis Financial PR 020 7034 4759/4758Chris Steele / Tarquin Edwards Charles Stanley Securities (Nominated 020 7149 6000Adviser)Philip Davies / Carl Holmes Editor's Notes ILX Group plc is a leading provider of vocational training to the private andpublic sectors, delivered through Computer Based Training (CBT), e-Learning,instructor-led courses/workshops. ILX Group now trades through two divisions: 1. Best Practice provides CBT, e-learning, instructor-led training and implementation consultancy principally to the programme and project management, IT service management and business finance markets. www.ilxgroup.com 2. Banking & Finance (through Corporate Training Group) provides instructor-led training, workshops and related services, principally to the investment banking community. www.ctguk.com This information is provided by RNS The company news service from the London Stock Exchange