Brulines (Holdings) PLC
15 April 2008
Press Release 15 April 2008
Brulines (Holdings) plc
('Brulines' or 'the Group')
Pre-Close Update
Brulines (Holdings) plc (AIM:BRU), the market leading provider of real time
monitoring systems and data management services for the UK leisure sector, is
pleased to provide the following trading update in advance of its Final Results
which are due to be announced on 17 June 2008.
Trading in the second half of the 2007 financial year has been robust and the
Group expects that its Final Results for the year ended 31 March 2008 will be
marginally ahead of market expectations.
New installations, system replacements and upgrades progressed successfully,
continuing the ongoing year-on-year growth in recurring revenue from support
services. The Group continues to increase market penetration as well as broaden
its customer base.
The integration of Nucleus Data, purchased in January 2008, is delivering the
expected synergies and will be earnings enhancing in 2008/9.
Brulines has made further progress with the commercial development of its beer
quality and AWP monitoring products within the tenanted and managed sectors, and
the wider leisure market.
The Group intends to maintain its progressive dividend policy for the final
dividend in respect of its results for the year ended 31 March 2007.
In view of the increasing size and breadth of its activities, Brulines intends
to change the Group name to 'Brulines Group plc' at the Annual General Meeting,
which will be held in July 2008.
An analyst briefing given by James Dickson, Chief Executive and Mark Foster,
Finance Director will be held at 9.30 am on Tuesday, 17 June 2007 at Abchurch
Communications, 5th Floor, 100 Cannon Street, London, EC4N 6EU.
- Ends -
Enquiries:
Brulines (Holdings) plc
James Dickson, Chief Executive
Mark Foster, Finance Director Tel: +44 (0) 1642 358 800
mark.foster@brulines.com www.brulines.com
Media enquiries:
Abchurch
Sarah Hollins/ Louise Thornhill Tel: +44 (0) 113 203 1345
sarah.hollins@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
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