Creston PLC
28 July 2005
Date: 28 July 2005
On behalf of: Creston Plc (the 'Company' or 'Group')
Under embargo until 1200hrs
Creston 2005
AGM Trading Statement
Today, Don Elgie, Chief Executive of Creston Plc, the marketing services group,
said:
"I'm pleased to tell you that trading in the first quarter is comfortably ahead
of the same period last year and is in line with Directors' expectations.
"The integration of DLKW has gone very well and business performance is strong
with wins like the AA and General Motors Vectra for Europe. Even though only
acquired on 7 July, Red Door Communications has already won additional business
from its pharmaceutical clients and won the Best Media Relations Campaign for
the second year running at the Communique Healthcare Awards on 19 July 2005."
For further information:
Creston Plc 020 7930 9757
Don Elgie
Redleaf Communications Limited 020 7955 1410
Emma Kane/Miranda Good
About Creston Plc
Creston is fully listed on the London Stock Exchange under CRE.LN. Additional
information is available on www.creston.com. Creston's audited results for the
year to 31 March 2005 were released on 22 June 2005, showing a 68% rise in PBT
to £3.5million (2004: £2.1million) and a 25% rise in diluted EPS to 10.56 (2004:
8.47).
Creston's strategy is to build a diversified international marketing services
group through a combination of organic growth and selective acquisitions. The
Board's aim is to identify synergistic benefits between currently independent
marketing services companies offering premium services such as market research,
direct marketing, advertising, PR and other areas of marketing communications.
Since January 2001, when the Company was repositioned as a marketing services
group, Creston has made seven significant acquisitions, which have demonstrated
growth despite challenging market conditions:
January 2001 Acquisition of Marketing Sciences Limited, an international
quantitative and qualitative market research company, based
in Winchester
November 2001 Acquisition of The Real Adventure Marketing Communications
Limited, a national direct marketing and CRM company, based in
Bath
December 2002 Acquisition of EMO Group Limited, a national channel marketing
communications company, based in Swindon and Bristol
October 2003 Acquisition of Nelson Bostock Communications Limited, a London
based public relations agency
September 2004 Acquisition of CML Research Limited, a London based
qualitative market research business
March 2005 Acquisition of DLKW Group, a London based advertising and
communications group
July 2005 Acquisition of Red Door Communications Ltd, a London based
specialist healthcare PR agency
This information is provided by RNS
The company news service from the London Stock Exchange
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