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AGM / INTERIM MANAGEMENT STAT

9 Jul 2008 07:00

RNS Number : 6190Y
Business Post Group PLC
09 July 2008
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9 JulyΒ 2008

Business Post Group plc

AGMΒ / INTERIM MANAGEMENT STATEMENT

At today'sΒ AGMΒ ofΒ Business Post Group plc, Chairman Peter Kane will announce the following statement to shareholdersΒ coveringΒ theΒ period 1 April 2008 to 30 June 2008.

"Group revenues for theΒ periodΒ increased byΒ someΒ 16% on the equivalent period last year.

ParcelΒ revenuesΒ showed satisfactory improvementΒ onΒ last year. In particular, we continue to see goodΒ growth inΒ ourΒ B2BΒ parcels businessΒ which represents in excess ofΒ 80% of parcels revenues.

Our Mail business, UK Mail, continues to achieve strong growth,Β driven byΒ new business wins together with further mail volumes from existing customers.

Revenues in Specialist ServicesΒ forΒ the periodΒ wereΒ up significantlyΒ onΒ last year. In particular our Courier business has benefited from the contract withΒ OrangeΒ which commenced in the period.

We have made a good start to the financial year with continuedΒ revenue growth andΒ with trading performanceΒ in line with management expectations."

- Ends -

For further information, please contact:

Business Post Group plc

Guy Buswell (Group Chief Executive)

0121 335 1111

Steven Glew (Group Finance Director)

01753 706 070

Hogarth Partnership

John Olsen

Fiona NobletΒ 

020 7357 9477

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