Last checked at 29 Jan 2009 07:00
For release 07.00am 29thJanuary 2009
Adventis Group Plc ("Adventis", or the "Group")
Trading Statement
Adventis Group plc (Adventis - ATG), the AIM-quoted full service multimedia marketing and advertising agency, announces the following trading update for the year ended 31 December 2008.
Results for the year ended 31 December 2008 are expected to be in line with revised market expectations following the Group's announcement of 3 December 2008. The Group's Health, Technology & Telecoms, Media and Financial Services divisions have continued to trade profitably as has the Group's Property division, which now represents only one quarter of Group revenue.
The Group has net cash and a significant bank facility in place which leaves it well placed to exploit realistically priced acquisition opportunities in 2009. At this early stage in the year the Group is trading in line with management expectations.
Adventis expects to announce its preliminary results for the year ended 31 December 2008 on 15 April 2009.
CONTACT:
Adventis Group Plc
www.adventis.co.uk
Charles Phillpot, CEO 020 7034 4750
Peter Linnell, Finance Director & Company Secretary 020 7034 4795
Adventis Financial PR
Chris Steele 020 7034 4759
Tarquin Edwards 020 7034 4758
Arbuthnot Securities
Tom Griffiths 020 7012 2000
Notes to Editors:
Adventis Group is a marketing services and advertising agency. Its core areas of activity are healthcare, technology & telecoms, media, financial services, financial PR and property. Subsidiary companies include: Adventis Health, Second2, Adventis Media, Adventis NMG, Adventis Digital and Adventis Property.
For full details see www.adventis.co.uk