Trading Update
For immediate release
2 March 2011
Printing.com plc
("Printing.com" or "the Company")
Trading update
Printing.com plc, a chain with 291 printing outlets across the UK and Ireland, is pleased to announce that overall trading across the UK and Ireland save for weather disruption in December 2010, has continued at anticipated levels. Results for the year ending 31 March 2011 are expected to be in line with market expectations
Following the acquisition of Media Facility Group BV, trading across the various Dutch brands has progressed well and exhibited year-on-year growth. Significant work has also been undertaken on system integration between the UK and Netherlands.
In the interim report, released on 08 November 2010, we reported the launch of BrandDemand, as a new service from Printing.com. The new offering targets larger companies (with an annual spend of £20,000 to £100,000 per year) via an online template driven solution.
The BrandDemand solution is being well received with the first systems built and client orders processed. We remain encouraged by the potential for this service.
The Company intends to provide a "pre-close" trading statement at 7.00 am on Monday 04 April 2011.
Printing.com plc
Tony Rafferty (Chief Executive) 07966 517 336
Alan Roberts (Finance Director) 0161 848 5713
Cubitt Consulting
Chris Lane/Sam Boston 0207 367 5100
Brewin Dolphin Ltd (Nominated Adviser)
Mark Brady 0845 213 4730
Notes to Editors
Printing.com
In the UK, Ireland and France Printing.com offers a broad product range including leaflets, booklets, postcards, promotional cards, invitations, letterheads and business cards to consumers and small and medium sized companies. Unlike its competitors, Printing.com's Stores and Franchises do not depend on any printing equipment on location. The Group's printing and ancillary equipment is based at the centralised Production Hub with the head office in Manchester. All work is produced in full four colour rather than two colour. The printing sector has traditionally been served by smaller printing companies or other On Demand Printers and is estimated to be worth some £1- £2 billion.
Printing.com has three routes to market: Franchise Stores, Bolt-on Franchises and Company owned Stores.
This information is provided by RNS