Delling Group PLC
09 January 2007
For Release 7:00 am 9 January 2007
DELLING GROUP PLC (DLG.L)
The AIM-listed marketing support services group
Contract Gain
'New contract with Swedish grocery chain VI-Butikerna ('VI') adds revenues of
approx £1.1 million per annum.'
Delling Group PLC ('Delling'), the only listed marketing support services group
on AIM whose principal assets are in Scandinavia, announces that it has agreed
an outsourcing contract with VI-Butikerna ('VI'), a top-end Swedish grocery
chain, in which Delling will handle the production of graphical material to VI's
90 food malls across Sweden.
Delling anticipates that this new contract should result in Delling receiving
revenues from VI in the region of £1.1 million per anum.
The contract will also draw on a range of other Delling services including the
production of advertisements, weekly direct mail activities, production of
brochures and project management. The contract with VI will last for two years,
with VI enjoying an 'opt out' after the first year. The contract will commence
from 1 February 2007.
Commenting, Geir Lolleng, Chief Executive of Delling, said:
'This contract has been high on our target list. It is therefore extremely
satisfying that we have managed to get this customer on board'.
'We have not worked for VI previously and so the contract revenues will be in
addition to our current turnover. On the back of the recently announced
acquisition of DOG (14 December 2006), which is intended to enhance our ability
to handle new contract wins efficiently, this contract win with a new customer
is both pleasing and is expected to be earnings enhancing'.
ENDS
For further information please contact:
Contact:
Delling Group Plc
Geir Lolleng Tel: + 46 765276024
www.dellinggroup.com
----------------------
Adventis Financial PR Tel: 020 7034 4758/020 7034 4760
Tarquin Edwards/Peter Binns 07879 458 364 / 07768 392 582
Notes to Editors
VI-Butikerna
A top-end Swedish grocery chain, based in Stockholm, VI-Butikerna operates 90
food malls across Sweden.
Delling Group is a leading supplier of marketing support services for marketing
and communication departments throughout The Nordic countries.
Delling manages all fields of graphic support in many different forms and
formats including trade fairs, exhibitions and interactive digital solutions for
the web, mobile telephone marketing solutions, motion media for flat screens,
plasma or LCD.
It also supplies IT solutions which support and increase the efficiency of both
marketing and information departments. However, its major strength is that the
Group can deliver complete turnkey solutions, tailor-made for its customers'
every need. Delling also offers outsourcing solutions that can substantially
save costs and improve efficiency.
The Group's major activities are today concentrated in the Norwegian and Swedish
markets, however, it is quickly expanding into other Nordic areas, as well as
having customers and production facilities in Eastern Europe. It also has well
respected suppliers as far a field as China and Thailand.
Delling Group has today 130 employees. It is rapidly developing its organisation
by focusing on supplying its customers with the quality they demand, delivered
on time at the right price. Central to its philosophy lies the fact that its
customers will obtain greater effects and efficiency for every pound they invest
in marketing and information. The Group has strong growth, both through further
development of existing clients and establishment of many new relationships,
together with acquiring companies that enhance and further develop our business
concept.
Delling's goal is within the course of the next two years, through both
satisfied customers and recommendations, to be the largest and most profitable
company in the field of marketing support services within the Nordic countries,
and a significant player within Eastern Europe. In October 2004 it was the first
Scandinavian business to be listed on AIM, the London Stock Exchange's
international market for smaller growing companies. This has given Delling the
access it needs to capital funds needed to maintain and strengthen the further
development of the Group.
This information is provided by RNS
The company news service from the London Stock Exchange
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