GRAFENIA PLC
('Grafenia' or the 'Group')
PRE-CLOSE TRADING STATEMENT
Post the last market update at the time of the AGM in July, trading across the Group has continued in a similar manner and is broadly in line with management's expectations for the six months to 30 September 2014.
Competitive conditions remain in the Group's established markets, however new initiatives have made progress.
Of note, an additional International Master Licence has been contracted for the Company's W3P system taking the number granted during the current calendar year to three.
Nettl, the Group's new cross media/website initiative has been launched with the Company rebranding its Printing.com outlets in Manchester, Birmingham, London and Dublin, and initial trading bodes well.
The Nettl Franchise offering was launched at the National Franchise Show in early October. It has been well received by both existing Franchisees and prospective partners.
The Interim Results for the six month period ended 30 September 2014 are expected to be announced on Monday 10 November 2014.
For further information:
Grafenia plc
Tony Rafferty (Chief Executive) 07966 517 336
Alan Roberts (Finance Director) 0161 848 5713
N+1 Singer
Richard Lindley/James White 0113 388 4789