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AGM Statement

30 Jun 2016 07:00

RNS Number : 7024C
Porta Communications PLC
30 June 2016
 

30th June 2016

 

 

Porta Communications Plc

("Porta", "the Group" or "the Company")

 

AGM Trading Statement

 

Porta Communications Plc, the AIM quoted international marketing and communications business, will make the following trading statement at the AGM.

 

After five months of the current year to 31st December 2016 underlying trading remains strong and fee income is running slightly ahead of this period last year. The run up to the UK Referendum and the subsequent outcome created and continues to cause uncertainty. Our geographically diversified businesses covering not only the UK but the Middle East, Far East and Australia are well placed in this context. Moreover the non-UK businesses will on consolidation be beneficiaries from the sharp drop in sterling.

 

Meanwhile we continue to build for future organic growth and our strategy to hire senior proven talent, particularly in the UK, remains in place.

Whilst the Board remain confident that our growth strategies will deliver results in the longer term forecasting the short-term outcome in all the current uncertainties would be unwise.

 

-Ends-

 

Enquiries

 

Porta Communications Plc

www.portacomms.com

 

David Wright, Chief Executive

Gene Golembiewski, Finance Director

+44 (0) 20 7680 6500

 

Allenby Capital Limited

Virginia Bull

Jeremy Porter

 +44 (0) 20 3328 5656

 

Redleaf PR - Media Enquiries

Charlie Geller

Sam Modlin

+44 (0) 20 7382 4769

 

Notes to Editors:

 

Porta has two divisions:

• Communications - financial, corporate and consumer public relations, public affairs and research;

• Marketing & Advertising - multi-capability marketing, brand and creative communications.

 

The Group has offices in Aberdeen, Abu Dhabi, Beijing, Brisbane, Bristol, Canberra, Cardiff, Edinburgh, Hong Kong, London, Manchester, Melbourne, Singapore and Sydney.

 

The brands and companies it owns are: Newgate Communications, PPS Group, Redleaf Communications, Publicasity, 13 Communications, Newgate Sponsorship, 2112 Communications and Summit Marketing Services.

 

Porta Communications' corporate website is - www.portacomms.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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