FDM Group PLC
04 July 2005
4 JULY 2005
FDM GROUP PLC
("FDM" or the "Company")
TRADING UPDATE
FDM Group Plc, the IT Services provider, will announce its interim-results for
the six months ended 30 June 2005 on Thursday, 8 September 2005. Today, the
Company is providing an update on its current trading.
Each of the Company's three business units, IT Staffing, IT Professional
Services and IT Training have experienced strong growth during the six months
ended 30 June 2005. During this period, FDM's margins have remained robust and
the Company has won several new customers. The number of contractors placed by
the Company has also increased. Since its flotation on AIM on 7 April 2005 FDM
has completed a full review of its sales and marketing policies and has begun
several initiatives to increase the number of graduates attending the Company's
Academy training scheme. The scope of the Academy has also been broadened by the
development of a .NET training capability, complementing the core JAVA skills of
the FDM trainees, known as Mounties.
Rod Flavell, CEO of FDM, commented, "Focusing on the growing JAVA market has
allowed us to grow our profits and revenues for three successive years. The IPO
in April was the next logical step for the Company, and I'm pleased to report
our first few months as a quoted company have seen us continue to grow our
business, adding both new clients and new trainees. We expect a positive outcome
for the year to 31 December 2005 and I look forward to updating shareholders
further in September."
ENQUIRIES:
FDM Group Plc
Tel: 0870 060 3100
Rod Flavell, Chief Executive Officer
Julian Divett, Chief Operating Officer
Noble & Company Limited
Tel: 0207 753 2200
Nick Naylor
Adam Westcott
ICIS
Tel: 0207 651 8688
Archie Berens
Caroline Evans-Jones
This information is provided by RNS
The company news service from the London Stock Exchange
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