25th Jun 2015 07:00
25th June 2015
Porta Communications Plc
("Porta" or "the Company")
AGM Statement
Porta Communications Plc, the AIM quoted international marketing and communications business, will make the following trading announcement at the AGM.
The strong trading pattern highlighted at the time of our preliminary results has continued throughout the first half of 2015. EBITDA after all costs will be significantly higher than that achieved in the whole of 2014. Also, as previously indicated, there will be a big reduction in exceptional costs, reflecting the growing maturity of all our start-ups.
The three main acquisitions made in 2014, Redleaf, Publicasity and PPS are all performing well, while the international start-ups (operating under the Newgate brand) in Australia, Hong Kong and Singapore are all trading at record levels.
The board remains confident about the outcome for 2015.
- Ends -
Enquiries:
Porta Communications Plc
www.portacomms.com
David Wright, Chief Executive
Gene Golembiewski, Finance Director
+44 (0) 20 7680 6500
Sanlam Securities UK Limited
Simon Clements / Virginia Bull
+44 (0) 20 7628 2200
Redleaf PR - Media Enquiries
Charlie Geller / Emma Kane
+44 (0) 20 7382 4769
Notes to Editors:
Porta has two divisions:
· Public Relations - financial, corporate, consumer, public affairs and research
· Advertising - marketing communications, digital services and media planning and buying
· The Group currently has offices in Aberdeen, Abu Dhabi, Beijing, Brisbane, Bristol, Brussels, Canberra, Cardiff, Edinburgh, Frankfurt, Hong Kong, London, Manchester, Melbourne, Singapore and Sydney
· The brands and companies it owns are: Newgate Communications, Newgate Threadneedle, PPS Group, Redleaf Polhill, 13 Communications, Publicasity, 21:12 Communications and Summit
· Further information is available at www.portacommunications.plc.uk
Related Shares:
PTCM.L