21st Apr 2008 07:00
ILX Group PLC21 April 2008 FOR RELEASE at 07.00, Monday 21 April 2008 ILX Group plc (or "the Company") Post Year End Trading Update ILX Group plc, the AIM quoted business education and training specialist, ispleased to report strong trading in the six months to 31 March 2008, followingon from good interim results for the first half of the year to 30 September 07. Both the Best Practice and Corporate Training Group divisions have performedwell and in both cases revenues for the year have shown double digit growth. The Company expects profits before exceptional items to be in line with marketexpectations. The exceptional items relate to the restructuring of the BestPractice division in the first half, as previously announced in the interimresults, and to costs incurred in the recent £6.0 million refinancing withBarclays Bank plc, announced two months ago. The preliminary results areexpected to be reported in late June. Current trading remains strong across the business. Nevertheless, the Companycontinues to monitor current economic forecasts and conditions carefully. In this context we are pleased that our order visibility remains strong and forthe current year we expect continued modest growth for the year ended 31 March2009. Enquiries: ILX Group plc www.ilxgroup.com 020 7751 7100 Ken Scott / Jon Pickles Adventis Financial PR 020 7034 4758/4759 Tarquin Edwards / Chris Steele Charles Stanley Securities (Nominated 020 7149 6000Adviser) Philip Davies / Carl Holmes Editor's Notes ILX Group plc is a leading provider of business training to the private andpublic sectors, delivered through Computer Based Training (CBT), e-Learning,instructor-led courses/workshops. ILX Group now trades through two divisions: 1. Best Practice provides CBT, e-learning, instructor-led training and implementation consultancy principally to the programme and project management, IT service management and business finance markets. www.ilxgroup.com 2. Banking & Finance (through Corporate Training Group) provides instructor-led training, workshops and related services, principally to the investment banking community. www.ctguk.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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