UKM.L Regulatory News (UKM)

16 Jan 2008 07:00

Business Post Group PLC16 January 2008 16 January 2008 Business Post Group plc Interim Management Statement Business Post Group plc announces its Interim Management Statement covering theperiod 1 October 2007 to 31 December 2007. Group revenues for the period increased by 13% on the equivalent period lastyear. Excluding the revenues from the FedEx contract, which terminated on 30April 2007, the underlying Group revenue increase was 20%. Underlying parcels revenues in the period were up 6% on last year. We continueto see good growth in our B2B parcels business which represents around 80% ofparcels revenues. In B2C, representing 15% of the parcels business, ourperiod-on-period performance was consistent with the first half. Our Mail business, UK Mail, continues to achieve strong growth with revenues inthe period up some 60% on last year. In the period we have won significantcontracts with new customers including MBNA and Norwich Union. With these newcontracts, we now handle some 10% of all mail collected in the UK. Revenues in Specialist Services for the period were in line with last year. We have achieved a good revenue performance during the third quarter, tradingperformance is in line with management expectations and overall the Boardexpects good progress for the year. Business Post Group plc will report its preliminary results for the year ended31 March 2008 on 21 May 2008. For further information, please contact: Business Post Group plcGuy Buswell (Group Chief Executive) 0121 335 1111Steven Glew (Group Finance Director) 01753 706 070 Hogarth PartnershipJohn Olsen 020 7357 9477Ian Payne This information is provided by RNS The company news service from the London Stock Exchange