RM plc: pre-close update

RNS Number : 9178S

RM PLC

20 September 2010

 



20 September 2010

RM plc: pre-close update for the year ending 30 September 2010 - trading in line with expectations

As part of its normal programme of communications with shareholders, RM is issuing an update on current trading prior to the end of its financial year on 30 September 2010.

Trading during the year so far has been consistent with market expectations for the year as a whole. As indicated at the time of its Interim Management Statement, issued on 26 July 2010, RM anticipates revenue growth in each of its three divisions during FY-2010.

Terry Sweeney, Chief Executive of RM, commented:

"Summer is always the busiest operational period of the year for RM. During summer 2010, we will have commissioned more new schools, processed more examination scripts, and shipped more classroom resources than ever before. As a result, we continue to expect to show revenue growth across all areas of our business in FY-2010.

"I'm also pleased to report that we continue to see good sales momentum, with both new contracts, and extensions to existing arrangements."

For further information, please contact:

Iain McIntosh/Phil Hemmings, RM plc	08450 700300
Chris Blundell/Leonora Burtenshaw, Brunswick	020 7404 5959

Notes:

1.   The RM Group is a leading provider of educational products and services that help teachers to teach and learners to learn. RM works closely with educationalists to create new products, processes and solutions which improve education. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417. Further details are available at www.rm.com/investors and through the Group's investor blog at rminvestors.wordpress.com

2.   RM expects to announce preliminary results for the year to 30 September 2010 on 22 November 2010.

 

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