20th Sep 2005 07:00
Armour Group PLC20 September 2005 Armour Group plc ("Armour") Trading Statement and New Distribution Agreements Trading Statement Armour is pleased to report that basic underlying earnings per share for theGroup for the year ended 31 August 2005 will be in line with the current marketexpectations of 5.5p per share. The operating profit for the Group is expectedto be in excess of 10% up on the prior year. The preliminary announcement of the results for the year ended 31 August 2005will be made on 2 November 2005. New Distribution Agreements Armour Automotive, the Group's in-car communications and entertainment division,has recently entered into an agreement with Mio Technology Limited to distributeinto the automotive market the Mio range of in-car and portable satellitenavigation products. Satellite navigation is currently the fastest growing partof the automotive accessories market and the Mio range extends the productportfolio of Armour Automotive into this exciting growth sector. Armour Home Electronics, the Group's home theatre and entertainment division,has entered into an exclusive distribution agreement with Universal ElectronicsBV for the distribution of its Nevo SL touch screen remote control device. TheNevo SL is a universal controller that intuitively delivers complete audiovisual and digital media control for the networked home. It has receivedoutstanding reviews in the trade press and further enhances the division'sleading position in the specialist home theatre, hi-fi and entertainment marketin the United Kingdom. 20 September 2005 Further Details:George Dexter Armour Group PLC Tel: 01892 502700John Harris Trevor Bass Fleet Financial Tel: 020 7067 0743 Editors note:Mio Technology Limited is a global technology group that designs andmanufactures portable satellite navigation and communications products. It iscurrently the market leader in Belgium and Italy, and holds the third place inEurope overall. Mio Technology also leads the Taiwanese and South Koreanmarkets, and has a strong presence in US, Japan, Australia and China. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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