Pre-Close Trading Update

RNS Number : 2039Z

Sagentia Group PLC

11 January 2011

 



Press Release

11 January 2011

Sagentia Group plc

("Sagentia" or the "Group")

Pre-Close Trading Update

Sagentia Group plc (AIM:SAG), the international technology consulting company which provides outsourced R&D consultancy services, reports the following pre-close trading update.

Trading Update

Sagentia's interim results were released on 21 July 2010 when a strong turnaround in the Group's operating performance was reported.  A further trading update was released on 11 October 2010, confirming the continued recovery.

The progress made throughout 2010 has been maintained through to the year end.  As a result, subject to audit, the Board now anticipates reporting revenue for the year in excess of £20 million and profit before tax in excess of £2.0 million, significantly ahead of market expectations.

The Group's preliminary results are anticipated to be released in late February 2011.

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For further information:

Sagentia Group plc
Martyn Ratcliffe, Chairman
Brent Hudson, Chief Executive	Tel: [phone]
Neil Elton, Finance Director	www.sagentiagroup.com

Arbuthnot Securities
Nick Tulloch / Paul Gillam	Tel: [phone]
	www.arbuthnot.co.uk

Media enquiries:

Abchurch
Henry Harrison-Topham / Nick Probert	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Sagentia Group plc is an international technology consulting company providing outsourced R&D consultancy services from market analysis, through product development to transfer-to-manufacture for the medical, consumer and industrial sectors.

Sagentia is headquartered in Cambridge, UK and has state-of-the-art facilities in the UK, the USA and Hong Kong.  The Group is listed on the AIM market of the London Stock Exchange (ticker: SAG).  For further information, please see www.sagentia.com

 

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