Rm Regulatory News (RM.)

22 Sep 2009 07:00



22 September 2009

RM plc: pre-close update for the year ending 30 September 2009 - trading in line with management's expectations

As part of its normal programme of communications with shareholders, RM is issuing an update on current trading prior to the end of its financial year on 30 September 2009. 

Trading during the year so far has been consistent with expectations for the year as a whole. As reported in RM's interim results announcement on 11 May 2009, the Group anticipates revenue growth in FY-2009 as a result of the delivery of BSF contracts, the inclusion of Computrac (our recently-acquired US subsidiary), and growth in our general resources business.

Terry Sweeney, Chief Executive of RM, commented:

"During 2009 we have made good progress establishing RM as an international education solutions business, focused on delivering educational improvement, whilst at the same time actively managing our cost base.

"We are reaching the end of what has been the busiest ever summer period for the RM Group. Our focus at this time of year is on operational delivery, which I am pleased to report is going well in each of our three divisions."

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Notes:

The RM Group is a leading provider of educational products and services to schools, colleges and universities, local government and central government education departments and agencies. RM works closely with educationalists to create new products, processes and solutions which improve teaching and learning. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417.

RM expects to announce preliminary results for the year to 30 September 2009 on 23 November 2009.