Adventis Group PLC
24 May 2006
For immediate release 2.00pm 24 May 2006
Adventis Group Plc
('Adventis' or 'the Company')
I am pleased to report a year of considerable progress for Adventis.
We reported record levels of billings and profits, both organically and through
acquisitions.
Our stated strategy of growing market share and expansion of services has lived
up to our expectations. By now, you are familiar with Affiniti (UK) Ltd, a
specialised UK healthcare advertising agency, acquired in January 2005, which
has had an excellent year. Similarly, our recent new ventures, notably Adgenda
Media Ltd, a media agency in identified specialist sectors have continued to
prosper. We have gained several major blue chip clients and the Company's
outlook continues to be positive.
Furthering this strategy, I would like to underline the additional acquisitions
which we announced only yesterday, 23 May, Roundhouse Advertising Ltd, a
marketing, design and advertising agency within the healthcare sector, and The
Coltman Media Company Ltd, a leading media planning and buying agency in the
financial services sector.
These acquisitions will make significant contributions to the Group performance
giving a turnover of in excess of £30 million, which triples our turnover since
pre-flotation.
Overall trading in the first four months has been very satisfactory and we
expect our results for this year to be in line with the most recent market
forecast.
Today the Group consists of eight operating companies, in four locations,
employing approximately 100 people.
Once again I would like to express our thanks to all members of staff for their
efforts that have enabled us to achieve these results.
- ENDS -
Enquiries:
Charles Phillpot, CEO
Adventis Group plc
Tel: 020 7034 4750
Parkgreen Communications Ltd
Tel: 020 7786 9600
Annie Evangeli, 07778 507 162
Chris Steele, 07979 604 687
This information is provided by RNS
The company news service from the London Stock Exchange
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