Trading Update

RNS Number : 8423Z
Immedia Group PLC
12 February 2014
 



12 February 2014

 

IMMEDIA GROUP PLC

 

("Immedia" or "the Company")

 

Trading Update

 

Immedia Group Plc (AIM: IME) provides the following trading update in relation to the year to 31 December 2013:

 

Immedia had a strong fourth quarter of trading in 2013, particularly with advertising and production activities and audio equipment supplies in the lead up to Christmas.  As a result turnover for the year to 31 December 2013 will be slightly ahead of market expectation.

 

The benefit of cost cutting and restructuring undertaken in 2012 combined with the strong fourth quarter trading indicates that profit before tax for the year to 31 December 2013 will be significantly ahead of Broker's forecasts.  The Company expects to be in a position to announce its audited results for the year to 31 December 2013 towards the end of March 2014.

 

The Directors remain cautiously optimistic regarding the outlook for the year to 31 December 2014.

 

 

For further information please contact:

 

Immedia Group Plc

Bruno Brookes - Chief Executive Officer

+44 (0) 1635 556 200

Daniel Stewart & Company Plc

Paul Shackleton

+44 (0) 207 776 6550

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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