Armour Group PLC
20 September 2005
Armour Group plc ('Armour')
Trading Statement and New Distribution Agreements
Armour is pleased to report that basic underlying earnings per share for the
Group for the year ended 31 August 2005 will be in line with the current market
expectations of 5.5p per share. The operating profit for the Group is expected
to be in excess of 10% up on the prior year.
The preliminary announcement of the results for the year ended 31 August 2005
will 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 distribute
into the automotive market the Mio range of in-car and portable satellite
navigation products. Satellite navigation is currently the fastest growing part
of the automotive accessories market and the Mio range extends the product
portfolio 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 Electronics
BV for the distribution of its Nevo SL touch screen remote control device. The
Nevo SL is a universal controller that intuitively delivers complete audio
visual and digital media control for the networked home. It has received
outstanding reviews in the trade press and further enhances the division's
leading position in the specialist home theatre, hi-fi and entertainment market
in the United Kingdom.
20 September 2005
George Dexter Armour Group PLC Tel: 01892 502700
Trevor Bass Fleet Financial Tel: 020 7067 0743
Mio Technology Limited is a global technology group that designs and
manufactures portable satellite navigation and communications products. It is
currently the market leader in Belgium and Italy, and holds the third place in
Europe overall. Mio Technology also leads the Taiwanese and South Korean
markets, 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 Exchange