Delling Group PLC
04 October 2006
For Release 7:00 am 4 October 2006
DELLING GROUP PLC (DLG.L)
The AIM-listed marketing support services group
Re: Contract Win
'Substantially better than expected
roll out / development of Expert retail contract in Scandinavia '
Delling Group PLC, the only listed marketing support services group on AIM whose
principal assets are in Scandinavia, announces that the roll out and development
of the previously announced two year contract with Expert Invest AB ( 26 July
2006), for the implementation of graphic and motion media, in addition to screen
installations, in Expert's recently acquired 'Power' shopping chain, has had a
substantially greater impact on revenues than previously anticipated.
At present, the current revenue rate on a monthly basis is more than twice the
level at which the anticipated original £1.0 million per annum estimate was
based. The new estimate is for an expected volume of £2.0 million per annum.
Delling Group is also pleased to confirm that its other contracts announced in
2006 are developing according to expectations.
Commenting, on the positive development, Geir Lolleng, Chief Executive of
Delling Group, said:
'I am delighted that this, our first significant screen contract, is developing
at a higher and faster rate than we had anticipated and it strongly underpins
our increasingly good organic growth. We are also benefitting and being
supported by the strong economic growth evident across the Scandinavian region.'
ENDS
For further information please contact:
Contact:
Delling Group Plc
Geir Lolleng Tel: + 46 765276024
www.dellinggroup.com
----------------------
Adventis Financial PR
Tarquin Edwards/Peter Binns Tel: 020 7034 4758/020 7034 4760
Kreab AS
Brynjulf Freberg Tel: +47 9066 3646
Notes to Editors
Expert Invest AB
Power has 30 large stores in Sweden and sells a wide range of consumer
electrical products. The Expert group, one of the largest retailers in
Scandinavia, has approximately 950 shops in the region and in the Baltic's.
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 100 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 the Alternative Investment Market, 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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