AGM Statement

RNS Number : 2458T

Adventis Group PLC

03 June 2009

 

For release

07.00am

3 June 2009

Adventis Group Plc 

AGM STATEMENT

At the Annual General Meeting of Adventis Group Plc (the 'Group'), ('ATG.L'), the AIM-listed marketing services, media buyer and advertising and digital agency, being held later today, Non-Executive Chairman, Aubrey Adams will make the following statement:

'2009 was always set to be a challenging year and trading to date has been generally in line with the Board's expectations. Our healthcare business has continued to enjoy an active pharmaceutical market that appears broadly recession resistant. The technology and telecoms market has picked up after a slower start and visibility for 2009 is now strong. Both these sectors now have a very significant digital presence and the directly measurable results arising from digital activity very much support its use in adverse times.

Our media planning and buying businesses remain profitable but are experiencing a generally lower level of activity than historically. Financial services has also enjoyed a strong start to 2009 and has very good visibility for the remainder of the year. The property sector remains at a lower level, but our presence in more recession resistant sub-sectors, such as registered social housing in the residential market, has helped support a still active commercial property market.  

The Board continues to consider corporate opportunities as they arise in this different market climate, which would accelerate our programme of growth.

2009 still has the same challenges as we experienced in 2008, but offers the promise of improvement in the near future. We believe that the Group is well placed to continue to trade profitably and take advantage of the opportunities that will be created.'

Enquiries:

Adventis Group Plc
Charles Phillpot, CEO	Tel: [phone]
Peter Linnell, Finance Director	Tel: [phone]
Adventis Financial PR
Chris Steele	Tel: [phone]
Tarquin Edwards	Tel: [phone]
Arbuthnot Securities
Tom Griffiths	Tel: [phone]

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