23rd Mar 2005 07:00
RM PLC23 March 2005 23rd March 2005 RM plc: pre-close update for the six months ending 31st March 2005 - trading in line with expectations As part of its normal investor relations activities RM plc, the UK's leadingsupplier of ICT and other services to education, is issuing an update on currenttrading prior to the end of its half-year on 31st March 2005. The Group expectsto announce its Interim Results on 16th May 2005. Performance in the first half of the year has been in line with management'sexpectations as communicated in November 2004 at the time of RM's preliminaryresults announcement. - Ends - For further information, please contact:Mike Greig/Phil Hemmings, RM plc 08709 200200Fiona Laffan, Brunswick 020 7404 5959 Notes to Editors: In its preliminary results announcement for the year ended 30th September 2004,the Group made the following comments about future prospects: "As usual, the seasonal nature of RM's business means that it is too early tocomment on the outcome for 2005. In 2004, the first half of the year benefitedfrom a number of non-recurring, one-off factors - in particular, hardwareshipments related to education projects - which will not be repeated this year.The first half of the year is never a good indicator of full-year performance,though this year, as in 2003, it is likely that there will be a small first halfloss. "For financial year 2005 as a whole, we do not anticipate the same growth rateas in 2004 as a result of the absence of last year's non-recurring factors.However, organic growth, combined with the full-year contribution from ourrecent acquisitions, is likely to result in a further increase in turnover." This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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