Pre Close statement

Creston PLC 21 April 2008 21 April 2008 Creston plc Pre-Close Trading Statement Creston plc (LSE: CRE), the Insight and Communications Group, provides an update on trading prior to entering its close period in advance of the results for the year ended 31 March 2008. The Board is pleased to announce that, in the 2008 financial year, the Company performed in line with expectations, delivering revenue growth across the business. Revenue in 2008 increased by approximately 16% year-on-year, or 8% on a like-for-like basis. Two Creston companies, CML Research and DLKW, completed their earn-outs on 31 March 2008 and the final deferred consideration payment for DLKW will be satisfied in December this year. The Board has agreed long-term incentive schemes with the key management at both agencies, all of whom remain committed to the Group and are fully incentivised to deliver future growth. By 31 March 2008, net debt had been reduced to £18m after a strong cash performance during the second half. Since the Interim Statement in November 2007, there have been a number of significant new business wins across the Group from both existing and new clients, which include: Amazon, Britvic, Chessington World of Adventures, Cobra Beer, Disney, Dubai Holdings, First Direct, Genus, Gordon's Gin, Healthspan, Ipsen, LMG Connections, MTV, Opel Insignia, Radox and SAB Miller. The Group has a healthy pipeline of new business across both the Insight and Communications divisions, especially in digital and on-line. Therefore, despite the uncertain general economic outlook, the Board remains confident that Creston will continue to build on the 2008 financial year's success in the current year. Creston plc expects to announce its preliminary results for the year ended 31 March 2008 on Tuesday 24 June 2008. -Ends- Enquiries: Creston plc www.creston.com Don Elgie, Chief Executive 020 7930 9757 Barrie Brien, COO/CFO Hogarth Partnership Limited 020 7357 9477 Chris Matthews / Sarah Macleod / Sarah Richardson Investec Bank (UK) Limited 020 7597 5145 Erik Anderson/Ben Poynter NOTES TO EDITORS: • Publication quality photographs are available through Hogarth on the numbers shown above. About Creston plc • Since its inception in 2001, Creston has brought 10 leading brands under one roof in the UK, offering a host of blue-chip clients a range of services spanning advertising, public relations, digital marketing, market research, direct marketing and customer relationship marketing (CRM), among many others. • Creston is divided into two divisions: Insight, which encompasses those agencies engaged in understanding consumer behaviour, attitudes and needs, via research and evaluation; and Communications, which comprises agencies involved in influencing, shaping and changing consumer behaviours, attitudes and needs - this includes PR, advertising and marketing. Both divisions are entirely complementary. • Creston's share price is quoted on the London Stock Exchange under the symbol CRE and is published in the Financial Times, The Daily Telegraph, The Times and the London Evening Standard. This information is provided by RNS The company news service from the London Stock Exchange BFP
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