UKM.L Regulatory News (UKM)

4 Oct 2007 07:00

Business Post Group PLC04 October 2007 4 October 2007 BUSINESS POST GROUP PLC PRE-CLOSE PERIOD TRADING UPDATE Business Post Group plc today issues the following pre-close period tradingupdate for the six months ended 30 September 2007. Group revenues for the first half of the financial year increased by 9% on theequivalent period last year. As previously announced, the Parcels contract withFederal Express terminated on 30 April 2007. Excluding the revenues from thiscontract, the underlying revenue increase was 15%. Excluding revenues from FedEx, parcel revenues are in line with last year. Goodgrowth in the B2B market has been offset by a decline in B2C. As we havepreviously indicated, the B2C parcels market is becoming increasinglycompetitive, which is impacting Parcels margin growth in the current year. Our mail business, UK Mail, continues to achieve strong growth with revenues inthe period up by some 60% on last year. We continue to win a significant numberof substantial contracts. Revenues in Specialist Services are broadly in line with last year. Interim results for the six months ended 30 September 2007 will be announced on14 November 2007. - Ends - Enquiries:Business Post Group plcGuy Buswell, Chief Executive 0121 335 1111Steven Glew, Finance Director 01753 706070 Hogarth PartnershipJohn Olsen 020 7357 9477Ian Payne This information is provided by RNS The company news service from the London Stock Exchange