RM PLC
23 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 leading
supplier of ICT and other services to education, is issuing an update on current
trading prior to the end of its half-year on 31st March 2005. The Group expects
to announce its Interim Results on 16th May 2005.
Performance in the first half of the year has been in line with management's
expectations as communicated in November 2004 at the time of RM's preliminary
results announcement.
- Ends -
For further information, please contact:
Mike Greig/Phil Hemmings, RM plc 08709 200200
Fiona 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 to
comment on the outcome for 2005. In 2004, the first half of the year benefited
from a number of non-recurring, one-off factors - in particular, hardware
shipments 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 half
loss.
'For financial year 2005 as a whole, we do not anticipate the same growth rate
as 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 our
recent 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 Exchange
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