Information  X 
Enter a valid email address

Universe Grp. (UNG)

  Print      Mail a friend

Friday 13 May, 2005

Universe Grp.

AGM Statement

Universe Group PLC
13 May 2005


                               Universe Group plc

                                 AGM Statement


Universe Group plc, the retail and information systems company held its AGM
today when Ray Mackie, Chairman, told shareholders:


'We have got off to a strong start in 2005.  At HTEC our sales in the first
quarter were substantially up on the first quarter sales of 2004 as a result of
the impetus from Chip and PIN related business.


Currency Division had a respectable level of activity, given market conditions
for tourism in Paris where we have ten shops and the competitive nature of the
international money transfer market.


The Board is confident of a good result for the half year and for the year as a
whole.  We expect to announce the interim results for the six months ending 30
June 2005 on 2 September 2005.


Looking further ahead, we are very excited by our PIN enabled unattended payment
system.  We have commenced installation in petrol forecourts and we are seeking
unattended applications outside our traditional markets.  We anticipate that
unattended systems will be a growth market as a result of the introduction of
Chip and PIN'.


R J Mackie

Chairman


13 May 2005


Enquiries:


Universe Group plc

Ray Mackie, Group Chief Executive             020 7287 0888



Charles Stanley & Co Limited                  

Russell Cook                                  020 7739 8200


                      This information is provided by RNS
            The company news service from the London Stock Exchange