2 August 2012
St Ives plc
Year end trading update
St Ives, the UK's leading marketing services and print group, is today
providing a year end trading update ahead of the announcement of its full year
results which will be released on 2 October 2012.
The board is pleased to report that the results for the financial year ended
27 July 2012 will be in line with current market expectations.
Across our print businesses we continue to seek efficiencies to mitigate the
impact of price pressure and structural changes that continue to affect the
demand for print. A number of significant print contracts have been renewed
during the year in addition to further new business wins and overall, our
market leading Book, Point-of-Sale (POS) and Exhibition and Events businesses
have continued to gain market share.
Our Marketing Services segment continues to develop in line with our plans and
our acquisitions have integrated well into the Group. We have invested in these
businesses to strengthen and develop their propositions and to enhance
cross-selling opportunities.
Our balance sheet is robust and the Group's financial position remains strong.
- Ends -
For further information contact:
St Ives plc 020 7928 8844
Patrick Martell, Chief Executive
Matt Armitage, Finance Director
MHP Communications 020 3128 8100
John Olsen / Ian Payne / Giles Robinson
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