Trading Statement

Anite Group PLC 23 April 2002 For immediate release Tuesday, 23 April 2002 ANITE GROUP plc Trading Update & Contract Wins Anite Group plc ('Anite' or 'the Company'), the European consultancy and services company, is today announcing a trading update ahead of an analyst and investor 'teach-in' being held later today, and just prior to its financial year end of 30 April 2002. The seminar will include reviews of the Company's Public Sector, Travel and Telecoms' businesses, and an overall review of the Group's progress as well as an update on the successful integration of recent acquisitions. Trading update As indicated at the time of the trading update released on 22 February 2002, the Company has traded strongly since the interim results were announced on 4 December 2001. Having now completed 11 months of trading in the current financial year, profits are in line with management expectations driven by good organic growth and order intake, resulting in strong operating cash generation. The excellent balance and geographical diversification of our business continues to produce overall growth in excess of the sector, with the stronger performances in Anite Public Sector and Anite Travel balancing well with good growth in Anite Telecoms and Anite Consultancy. The overall order pipeline remains robust (see below) and we will enter the coming financial year with a higher order book than at the same time last year. Divisional Highlights • Growth has been led by Anite Public Sector ('APS'), underpinned by new contract wins, including new successes detailed below; • Trading in our Consultancy business reflects a strong performance from our recently acquired businesses, Datavance and Parsec, in a tough overall market; • Travel is enjoying strong growth, with continuing successful implementations under the Airtours 10 year contract (with a three year break) won in August 2001, and further contract wins from new and existing customers; • In our Telecoms business, in common with the industry, market conditions have affected 3G orders, but orders for 2/2.5G systems remain strong whilst R&D spending has been maintained at £6m for the year. Recent acquisitions Since the interim results, Anite has also made four important acquisitions, in particular strengthening its Public Sector and Travel operations to take advantage of the significant opportunities in these markets. These include FSS Group Ltd, completed on 4 December 2001 for up to £10.0m, Lorien Consulting, completed on 11 February 2002 for up to £4.8m, Ideal Technology Services Limited, completed on 25 March 2002 for up to £4.975m, and Micro Surveys Property Systems Limited, completed on 18 April 2002 for up to £8.0m. These acquisitions are being successfully integrated and are performing in line with management expectations. Contract Wins APS has won contracts with a total value of £20m in the last 10 weeks alone, including a £3.5 million PFI contract with a major local authority to manage IT applications and services in its Revenues and Benefits department. The 5 year project includes key areas which Anite will be managing such as housing benefits, council tax arrears and billing, allowing APS to bring the full range of benefits of its integrated portfolio to the council. Travel contract wins have continued with recent awards including new customers such as Golden Caribbean, Indigo Holidays, Haven Europe and NorthLink Orkney & Shetland Ferries. Telecoms has also won significant orders over the last two months, from Panasonic amongst others. Commenting on the trading update, John Hawkins, Chief Executive of Anite, said: 'The year ended 30 April 2002 has seen another strong performance from Anite and having now completed 11 months of trading, profits are in line with management expectations driven by good organic growth and order intake, resulting in strong operating cash generation. 'We have benefited from being geographically diversified, well balanced and strongly positioned in our core markets. We therefore remain confident that when we report our preliminary results for the year ended 30 April 2002 in July, we will demonstrate continued outperformance.' - Ends - For further information please contact: www.anite.com Anite Group Plc 0118 945 0121 John Hawkins, Chief Executive Simon Hunt, Finance Director Weber Shandwick Square Mile 0207 950 2800 Reg Hoare/Laurence Read This information is provided by RNS The company news service from the London Stock Exchange TSTBKBKDCBKDPQB
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