24th May 2007 07:00
Regus Group PLC24 May 2007 24 May 2007 Regus Group plc AGM Trading Update At today's Annual General Meeting, John Matthews, Chairman of Regus, the leadingglobal provider of outsourced workplace solutions, will provide the followingupdate on current trading and prospects: "I am pleased to report that Regus' financial performance in the year to date isin line with the Board's expectations. Revenues for the three months to 31stMarch 2007 (at actual exchange rates) were £199.7m, an increase of 50.9% overthe £132.3m achieved for the same period last year. The number of actualworkstations has grown in the first three months by 6.6% to 128,019 underpinningthe delivery of our expansion programme outlined at our preliminary results." "Regus is on track and delivering solid growth while enhancing the underlyingbusiness. The Board is committed to continuing this profitable growth strategyand providing attractive cash generation over the long term." Regus Group plc will announce its interim results for the six months ended 30June 2007 in early September. For further information, please contact: Regus Group plc Tel: +44 1932 895135Mark Dixon, Chief Executive OfficerStephen Gleadle, Chief Financial Officer Brunswick Tel: +44 20 7404 5959Simon Sporborg / Robert Gardener This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RGU.L