Trading Statement

RNS Number : 4013N

Aeorema Communications Plc

28 July 2014

 



Aeorema Communications plc ("Aeorema" or "the Company")

Trading Update

Aeorema Communications plc, the AIM-traded live events and communications agency, today publishes a trading update following the end of the financial year end to 30 June 2014.

The Company confirms that profits before taxation will be not less than market expectations. The Company has undertaken a number of high profile events this year including the first of its three year contract at Cannes Lions.  Aeorema has also extended and won new roster positions in the financial services industry.

The Directors anticipate cash as the year end to be approximately £1,500,000.

With the appointment of Steve Garvey as CEO of Aeorema Limited, senior management has been strengthened as the Company builds on its reputation in events management.

Michael Hale, Chairman, commented "I continue to be impressed with the depth of talent Aeorema is able to bring to bear on each client assignment. The team continuously provides innovative, exciting and creative work which often goes beyond the client's original brief.  Steve's recent appointment will further strengthen those client relationships and we look forward with confidence."

The Company expects to announce preliminary results for the year ended 30 June 2014 along with dividend details on or around 17 October 2014.

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  For further information visit www.aeorema.com or contact:

Gary Fitzpatrick	Aeorema Communications plc	Tel: [phone]
Mark Percy (Corporate Finance)	Cantor Fitzgerald Europe	Tel: [phone]
Catherine Leftley (Corporate Finance)	Cantor Fitzgerald Europe	Tel: [phone]
David Banks (Corporate Broking)	Cantor Fitzgerald Europe	Tel: [phone]
Paul Jewell (Corporate Broking)	Cantor Fitzgerald Europe	Tel: [phone]
Elisabeth Cowell	St Brides Media & Finance Ltd	Tel: [phone]

 

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