Less Ads, More Data, More Tools Register for FREE

Trading Statement

6 Feb 2006 07:00

Adventis Group PLC06 February 2006 For release 7.00am 6 February 2006 ADVENTIS GROUP plc ("Adventis" or "the Company"") TRADING STATEMENT Adventis, the specialist multimedia marketing and advertising agency, announcesthe following statement on trading and update on the business, for the yearended 31 December 2005. Trading Update Following a positive outlook reported by the Company in its Interim Resultsannounced on 19 September 2005, the Board is pleased to report that Adventis hashad a very busy and successful year and trading has remained strong, with goodgrowth in sales and profitability, both organically across all or our businessesand through acquisition. The directors of Adventis expect sales for the year ended 31 December 2005,based on pre-audited results, to be in excess of £21m (2004: £12.1m) withprofits before tax ahead of market expectations, being in excess of £1m (2004:£773,000). The company has continued to benefit from healthy margins and strong cash flow.The board intends to pursue a progressive dividend policy and will review thedividend at the full year stage to reflect our confidence in the business goingforward, especially our continued ability to translate revenue growth into cash. Adventis will announce its Final Results on 29 March 2006. Commenting, Charles Phillpot, Chief Executive Officer, Adventis, said: "Our sixoperating companies, which provide a range of communications services to theproperty, healthcare and financial services industries in the UK, have continuedto build significant market positions and have achieved or exceeded theirrevenue targets." He added: "We continue to aggressively grow the business and seek furtheracquisitions. Affiniti, a specialist marketing services company focused on thehealthcare sector, acquired in the first half, has made good progress in thesecond half and continued to win new business, as have each of our operatingcompanies One majority-owned business start-up, Adgenda Media, a media buyingand planning company, has performed particularly well in its first 9 months oftrading. Client gains in the second half included Lincoln Financial Group, Medibureau,Palmyra, and Roche. In addition to the success of the newly acquired businesses existing operationsalso provided strong growth, with in excess of 10% organic improvement inturnover. Adventis has a strong balance sheet, with circa £3m of cash. We continue to grow the business aggressively and the directors of Adventis lookforward to 2006 with confidence. - ENDS - Editor's Notes Adventis Group plc is an AIM listed, full service marketing and advertisingagency, providing services to the property, healthcare and financial servicesindustries. Through its six operating companies the company provides a complete range ofcommunication services, including corporate identity programmes, advertisingcampaigns, media planning & buying, literature, public relation, packaging,exhibitions, research and planning, interiors, signage and digital media. Adventis employs over 80 staff in London and the South East. www.adventis.co.uk Enquiries: Adventis Group plc 020 7034 4750Charles Phillpot, Chief Executive Officercjphillpot@adventis.co.uk Seymour Pierce Limited 020 7107 8030John Depasqualejdp@seymourpierce.com Binns & Co PR Ltd 020 7786 9600Peter Binns, peter.binns@binnspr.co.uk 07768 392 582Ben Knowles, ben.knowles@binnspr.co.uk 07900 346 978Annie Evangeli, annie.evangeli@binnspr.co.uk 07778 507 162 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.