UKM.L Regulatory News (UKM)

9 Jul 2008 07:00



9 July 2008

Business Post Group plc

AGM / INTERIM MANAGEMENT STATEMENT

At today's AGM of Business Post Group plc, Chairman Peter Kane will announce the following statement to shareholders covering the period 1 April 2008 to 30 June 2008.

"Group revenues for the period increased by some 16% on the equivalent period last year.

Parcel revenues showed satisfactory improvement on last year. In particular, we continue to see good growth in our B2B parcels business which represents in excess of 80% of parcels revenues.

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

Revenues in Specialist Services for the period were up significantly on last year. In particular our Courier business has benefited from the contract with Orange which commenced in the period.

We have made a good start to the financial year with continued revenue growth and with trading performance in line with management expectations."

- Ends -

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