Trading Statement
Adventis Group PLC
06 February 2006
For release 7.00am 6 February 2006
ADVENTIS GROUP plc
('Adventis' or 'the Company'')
TRADING STATEMENT
Adventis, the specialist multimedia marketing and advertising agency, announces
the following statement on trading and update on the business, for the year
ended 31 December 2005.
Trading Update
Following a positive outlook reported by the Company in its Interim Results
announced on 19 September 2005, the Board is pleased to report that Adventis has
had a very busy and successful year and trading has remained strong, with good
growth in sales and profitability, both organically across all or our businesses
and through acquisition.
The directors of Adventis expect sales for the year ended 31 December 2005,
based on pre-audited results, to be in excess of £21m (2004: £12.1m) with
profits before tax ahead of market expectations, being in excess of £1m (2004:
£773,000).
The company has continued to benefit from healthy margins and strong cash flow.
The board intends to pursue a progressive dividend policy and will review the
dividend at the full year stage to reflect our confidence in the business going
forward, especially our continued ability to translate revenue growth into cash.
Adventis will announce its Final Results on 29 March 2006.
Commenting, Charles Phillpot, Chief Executive Officer, Adventis, said: 'Our six
operating companies, which provide a range of communications services to the
property, healthcare and financial services industries in the UK, have continued
to build significant market positions and have achieved or exceeded their
revenue targets.'
He added: 'We continue to aggressively grow the business and seek further
acquisitions. Affiniti, a specialist marketing services company focused on the
healthcare sector, acquired in the first half, has made good progress in the
second half and continued to win new business, as have each of our operating
companies One majority-owned business start-up, Adgenda Media, a media buying
and planning company, has performed particularly well in its first 9 months of
trading.
Client gains in the second half included Lincoln Financial Group, Medibureau,
Palmyra, and Roche.
In addition to the success of the newly acquired businesses existing operations
also provided strong growth, with in excess of 10% organic improvement in
turnover.
Adventis has a strong balance sheet, with circa £3m of cash.
We continue to grow the business aggressively and the directors of Adventis look
forward to 2006 with confidence.
- ENDS -
Editor's Notes
Adventis Group plc is an AIM listed, full service marketing and advertising
agency, providing services to the property, healthcare and financial services
industries.
Through its six operating companies the company provides a complete range of
communication services, including corporate identity programmes, advertising
campaigns, media planning & buying, literature, public relation, packaging,
exhibitions, research and planning, interiors, signage and digital media.
Adventis employs over 80 staff in London and the South East.
www.adventis.co.uk
Enquiries:
Adventis Group plc 020 7034 4750
Charles Phillpot, Chief Executive Officer
cjphillpot@adventis.co.uk
Seymour Pierce Limited 020 7107 8030
John Depasquale
jdp@seymourpierce.com
Binns & Co PR Ltd 020 7786 9600
Peter Binns, peter.binns@binnspr.co.uk 07768 392 582
Ben Knowles, ben.knowles@binnspr.co.uk 07900 346 978
Annie Evangeli, annie.evangeli@binnspr.co.uk 07778 507 162
This information is provided by RNS
The company news service from the London Stock Exchange