12th Aug 2013 07:00
ST IVES PLC - Trading StatementST IVES PLC - Trading Statement
PR Newswire
London, August 9
12 August 2013 St Ives plc- Year end trading update St Ives plc, the UK's leading marketing services and print group, is todayproviding a year end trading update ahead of the announcement of its full yearresults which will be released on 1 October 2013. The board is pleased to report that the results for the financial year ended 2August 2013 are expected to be in line with current market expectations. Our Marketing Services segment continues to successfully extend its range ofservices, primarily through acquisition. The integration of the recentlyacquired businesses Amaze and Branded3 is progressing well and we are nowinvesting in additional headcount both in the UK and internationally to supportour plans for growth in this segment over the medium term. Across our print businesses we are pleased with the overall performance despitethe ongoing difficult trading conditions. We have invested to seek efficienciesand to ensure we provide our customers with the best possible solutions,services and products. Our balance sheet is robust and the Group's financial position remains strong. - Ends - For further information contact: St Ives plc 020 7928 8844 Patrick Martell, Chief Executive Matt Armitage, Finance Director MHP Communications 020 3128 8100
John Olsen / Ian Payne / Giles Robinson
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