22nd May 2007 13:00
Cello Group plc22 May 2007 22 May 2007 Cello Group plc ("Cello") AGM Statement At the Annual General Meeting of Cello held today all the resolutions put toshareholders were passed. In a trading update, Kevin Steeds, Chairman, said: "Since the announcement of our preliminary results in March, the Group hascontinued to make good progress. "Our research and consulting business, which represented approximately 75% ofGroup profits in 2006, continues to perform well and is gaining clear advantagefrom its scale. We expect our response business to be more heavily second halfweighted than in the past, but given good revenue visibility we are confidentabout the full year outcome for this business and for the Group as a whole. In addition we have strengthened our healthcare consulting offer with theaddition of The MSI Consultancy and have invested in nqual, an online researchcompany. "We continue to invest in our existing portfolio of companies to acceleratetheir organic growth, including several new digital and online initiatives. Inaddition we are appraising a small number of exciting new opportunities in allareas of our operations that will further develop our capabilities and addshareholder value." Enquiries: Cello Group plc 020 7812 8460Kevin Steeds - Chairman College Hill 020 7457 2020Adrian Duffield/Ben Way This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CLL.L