Haynes Publishing

2019 Trading Update

RNS Number : 9949A
Haynes Publishing Group PLC
04 June 2019
 

 

Haynes Publishing Group P.L.C.

2019 Trading Update

 

Haynes Publishing Group P.L.C. ("Haynes" or "the Group") is pleased to announce a trading update for the financial year ended 31 May 2019.

 

The strong trading performance in the first half of the year has continued during the second six months and the Board expects adjusted profit before tax for the 12 months to 31 May 2019 to exceed current market expectations by c.10% and finish ahead of the prior year by c. 24%.

 

The Group will announce its results for the financial year to 31 May 2019 on 12 September 2019.

 

Eddie Bell, Group Chairman, said:

"I am delighted to report another strong year for Haynes with both revenue and underlying profit tracking ahead of market expectations and the prior year.

Our continued investment in people and new technologies, that enhances our specialist content and data sets, is a key driver behind this strong performance. It also enables us to provide innovative product solutions for our customers today and in the future."

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

 

Enquiries:

 

Haynes Publishing Group P.L.C.                                                   +44 1963 442009

E Bell, Group Chairman

J Haynes, Chief Executive Officer                           

 

Investor Contact: Panmure Gordon (UK) Limited                        +44 20 7886 2500

James Stearns                                                           

 

Media Contact: New Century Media                                              +44 20 7930 8033

Catherine Hems         


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