Delling Group PLC
12 December 2006
For Release 7:00 am 13 December 2006
DELLING GROUP PLC (DLG.L)
The AIM-listed marketing support services group
Contract Gain
'Scandinavian retailer Expert adds revenues
of approx £3.6 million p.a.'
'New mobile marketing contract'
Delling Group PLC ('Delling'), the only listed marketing support services group
on AIM whose principal assets are in Scandinavia, announces that it has agreed a
new contract with Expert Invest AB ('Expert') in which Delling will be responsib
le during 2007 for the production and delivery of all graphical material to
Expert's 300 shops in Sweden. This new contract is in addition to the roll out
and development of the previously announced two year contract with Expert for
the implementation of graphic and motion media and screen installations in
Expert's recently acquired 'Power' shopping chain.
Delling anticipates that revenues from this new contract, when added to the
previously announced improved expected revenues from Expert (announced 04/10/
06), should result in Delling receiving revenues from Expert in the region of
£3.6 million per annum. With the contribution from the first Expert deal only
taking effect from August 2006, this new contract should represent a significant
increase to Delling's expected organic growth in 2007/2008.
Delling is also pleased to confirm that other contracts announced in 2006
continue to develop according to expectations.
On a separate matter, as previously announced, Delling considers that mobile
marketing is an increasingly important area of its services and its now working
on securing services from firms with advanced and accepted technology with a
view to generating an income stream from them as quickly as possible. To this
end, an agreement has been signed with Mobtopia AS which provides Delling with
the rights to offer Mobtopia's technology under Delling's own brand name to
Delling's customers in Scandinavia. Discussions are now being held with a number
of Delling's customers about such projects.
Commenting, Geir Lolleng, Chief Executive of Delling, said:
'The development of a number of smaller, but still significant contracts,
especially in the exhibition arena, make 2007 the first full year that Delling
can really benefit from the effects of economies of scale. We are also pleased a
bout the prospect of starting to generate income in the mobile marketing area
from January 2007, an area from which we are expecting a strong growth in the
coming years.'
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
Notes to Editors
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 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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