The Vitec Group PLC
04 May 2004
4 May 2004
The Vitec Group plc
AGM Statement
Alison Carnwath, Chairman of The Vitec Group plc, the international supplier of
products, services and solutions to the Broadcast, Entertainment and Media
industries, will make the following statement at the Group's AGM today:
'Our Photographic Division continues to trade well, driven by the increasing
uptake of higher end digital still cameras. In Broadcast, we are seeing a
slightly improved environment for rentals and lightweight equipment, but demand
for Vitec's traditional studio products remains weak. Overall, including the
effect of adverse currency movements, trading in the first quarter was in line
with market expectations.'
-Ends-
Contacts:
Gareth Rhys Williams Telephone: 020 8939 4650
The Vitec Group plc
Rob Gurner Telephone: 020 7831 3113
Financial Dynamics
Notes to Editors
The Vitec Group plc supplies a wide range of equipment and services to the
broadcasting, entertainment and photographic industries. Its products are
distributed in nearly 100 countries, either through dealerships or direct to the
end user or corporate sector, and it has manufacturing facilities in five
countries. Vitec, with brands such as Sachtler, Vinten, Manfrotto, Bexel and
Clear-Com, is a major force in its chosen specialised fields.
Bexel is a leading provider of professional video rental equipment and offers
expert on-site technical broadcast services including advice for major event
production, encoding and engineering for web-based production, electronic
cinematography and High Definition television production. Bexel operates a
network of ten offices in eight major US production cities including Atlanta,
Dallas, Los Angeles, Miami and New York.
This information is provided by RNS
The company news service from the London Stock Exchange
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