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Melorio PLC (MLO)

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Friday 09 April, 2010

Melorio PLC

Trading Statement

RNS Number : 9573J
Melorio PLC
09 April 2010
 



9 April 2010                                                                                                                                                     

 

Melorio plc ("Melorio")

 

Trading Update

 

Melorio, the support services group providing training and assessment services to the information technology, construction, logistics and healthcare sectors, is pleased to provide the following update.

 

Further to our announcement on 30 March, Melorio has now successfully opened four new IT academies in response to continued demand from learners, the IT industry and the National Apprenticeship Service.  This takes the total number of IT academies to 31 and the number of IT Apprentices recruited for this intake to over 1,800.

 

The volume of learners currently undertaking IT and construction Apprenticeships and the strong financial support we have from the National Apprenticeship Service, provides the Board with good visibility over revenue for the next financial year, ending 31 March 2011. The momentum achieved in the training of young people is expected to continue.

 

Meanwhile, our adult training business is well positioned for the new financial year in each of its vertical markets.

 

Results for the financial year to 31 March 2010 will be announced on 19 May 2010.

 

 

Ends

 

 

 

For further information, please contact:

 

Melorio

020 7389 6800

Hugh Aldous, Chairman


Alex Sheffield, Group Finance Director

 

 

Cenkos Securities

020 7397 8924

Stephen Keys / Beth McKiernan

 

 

Financial Dynamics

020 7831 3113

Billy Clegg / Caroline Stewart / Alex Beagley


 

NOTES TO EDITORS

Melorio plc / http://www.melorio.com 

Melorio is one of the UK's leading vocational training groups. Operating nationwide, Melorio offers a flexible and responsive service which has been developed to meet both the needs of employers, and the needs of learners. Dedicated to maintaining a first class service, and high achievement rates, Melorio delivers training and skills solutions across a number of major industries - ICT, Construction, Logistics, and Health and Social Care - focusing expertise and experience onto two main groups of learners:  school leavers, and adult learners.          

Aligned to the UK Commission for Employment and Skills' (UKCES) agenda, Melorio delivers training and development to more than 15,000 people every year. Its aim: to drive the constant up-skilling of the UK's workforce - which is vital for a productive and growing economy. Melorio develops young people to equip them for the transition from formal education to sustainable, rewarding careers and works with hundreds of organisations to ensure they have the skills required for successful businesses and are able to work in ever competitive markets.

 

Melorio's commitment, experience and high standards position it at the forefront of the development of the UK's workforce.

 

Committed to developing the workforce of tomorrow, the Melorio group includes Zenos (ICT) and Learning World Academies (Construction). These organisations offer unequalled training and apprenticeships to young people, providing them with the skills needed for a rewarding and sustainable career, and supporting hundreds of businesses by developing accomplished and productive young employees.

 

As part of our commitment to up-skilling the UK's workforce, Melorio includes nationwide providers of adult learning - committed to on-site, high quality and bespoke services. Passionate about lifelong learning, Melorio's subsidiaries include Construction Learning World, Logic4Training, Logistics Learning World and Health and Social Care Learning World.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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