The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Trading Update

21 Feb 2012 07:00

RNS Number : 7721X
Printing.com plc
21 February 2012
 



PRINTING.COM PLC

 

21 February 2012

 

TRADING UPDATE AND INTRODUCTION OF WHITE LABEL FORMAT

 

Printing.com Plc (AIM: PDC) (the "Company") today provides the following trading update to its shareholders.

 

In the period following the Company's interim results, as announced on 7 November 2011, trading has continued at a similar level and that results for the financial year ending 31 March 2012 are expected to be in-line with market expectations. In the UK, market conditions remain stable, but challenging, and the Company has continued to make progress in the Netherlands and Belgium.

 

BrandDemand (the Company's online system enabling franchise networks and other multi-site clients to order branded printing) has gained momentum in the UK with over 40 systems now active. Flyerzone.co.uk and Flyerzone.fr (France) remain at an early stage of development albeit, of late, certain metrics bode well for progression.

 

During January 2012, the Company met with the vast majority of its UK and Irish Franchisees via a series of regional roadshows. The principal purpose was to communicate new initiatives involving the addition of templates and other technologies to the Company's model.

 

The new initiatives were generally well received and moving forward the Directors believe that a significant majority of the Company's current partners will remain as Bolt-on Franchisees and therefore this format will continue to be promoted. However, aspects of these new initiatives may not suit the specific strategy of some existing Franchisees and so an alternative 'White Label' format will be offered and marketed as an alternative. The Directors anticipate that these new initiatives will enable the Company to generate additional revenues from the 'micro business' segment of the market.

 

The Company intends to provide a "pre close statement" at 7:00am on Wednesday 4 April 2012.

 

For further information:

 

Printing.com plc

Tony Rafferty (Chief Executive) 07966 517 336

 Alan Roberts (Finance Director) 0161 848 5713

 

N+1 Brewin

Robert Beenstock 020 3201 3710

Richard Lindley 0113 241 0126

 

Cubitt Consulting

Chris Lane 020 7367 5100

 

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

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.