17th Oct 2011 07:00
17 October 2011
The Innovation Group plc
("Innovation" or "the Group")
Trading Update and Notice of Results
The Innovation Group plc (LSE: TIG.L), a global provider of Business Process Outsourcing ("BPO") and software solutions to the insurance, fleet, automotive and property industries is pleased to confirm that it continues to expect results for the year ended 30 September 2011 to be in line with market expectations, subject to statutory audit, and that the conversion rate of EBITDA to operating cash flow remains strong and is ahead of target.
The Group will announce results for the year ended 30 September 2011 on Tuesday 6 December 2011.
Enquiries:
The Innovation Group | Tel: +44 (0) 1489 898300 |
Andrew Roberts, Chief Executive Officer | |
Jane Hall, Group Finance Director
| |
FTI Consulting | Tel: +44 (0) 20 7831 3113 |
Ed Bridges / Matt Dixon / Tracey Bowditch |
Notes to Editors:
The Innovation Group plc (LSE: TIG.L) is a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries. Innovation Group provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services. Innovation Group has over 800 global clients including AXA, RSA, American Modern Insurance Group, LeasePlan, The Ford Motor Company, Aviva, Toyota and Zurich. The Group processes more than 4 million claims per year with 20 per cent direct claims cost saving achieved. Innovation Group's 2,300 people are located in the United Kingdom, Australia, Belgium, Canada, France, Germany, Japan, India, Pakistan, South Africa, Spain and United States.
www.innovation-group.com
Related Shares:
Team Internet