PHTM.L Regulatory News (PHTM)

28 Sep 2005 12:00

Photo-Me International PLC28 September 2005 PHOTO-ME INTERNATIONAL PLC AGM Announcement At the start of today's AGM of PMI, the FTSE 250 digital imaging company, theChairman, Vernon Sankey, will say the following: "It is not our intention to give a detailed trading update this morning becauseonly four months of the year to 30 April 2006 have fully elapsed and theseinclude the holiday months of July and August and exclude the most importantmonths for PMI's Vending Division of September and October. What I can say isthat trading in the Vending Division is well ahead of last year. Whilst tradingin the Manufacturing Division is currently below last year's levels, the orderbook is indicating a very strong second half. The trend towards an increasingproportion of annual profits being generated in the second half looks set tocontinue. The Directors remain confident of making further progress in the current yearand will issue a more detailed trading update when there is more specificinformation to give." Notes for Editors: In the year to 30 April 2005, PMI increased its adjusted pre-tax profit by 62.0%to £34.5m; in the half year to 31 October 2004, the increase was 22.0% to£18.0m. Enquiries: Photo-Me International 01372-453 399Vernon Sankey (Chairman)Serge Crasnianski (CEO) Bankside Consultants Charles Ponsonby 020-7367 8851 mb: 07789-202 312 This information is provided by RNS The company news service from the London Stock Exchange