The following announcement released at 07:01 this morning is being re-run to
facilitate submission to the company news pages of Eurovestech PLC.
No changes have been made to the announcement text.
* * * * * * * * * * * * * * * * * * * * * *
8 September 2005
ToLuna plc
('ToLuna' or 'the Company')
Trading statement
Highlights
* Subsidiaries' unaudited turnover up 214 per cent. to £1.16 million for six
months ended 30 June 2005
* Subsidiaries' unaudited profit before tax £0.38 million (2004: loss £0.06
million) for the same period
* Current trading ahead of management expectations
* Panellists increased by 161 per cent.
* Substantial progress since May 2005 IPO
The directors of ToLuna are pleased to report on the trading of the Cjudge SAS
and Cjudge Limited (`the subsidiary companies') for the six months to 30 June
2005.
The unaudited proforma management accounts of the subsidiary companies for the
six months ended 30 June 2005 show that turnover has increased from £0.37
million to £1.16 million, an increase of 214 per cent. Unaudited profit before
tax for the period was £0.38 million against a loss for the previous period of
£0.06 million. The figures for the six months and the current trading are ahead
of management expectations.
The group has increased its number of online panellists from 210,000 to in
excess of 550,000 in the period from January 2005 to August 2005, representing
an increase of 161 per cent.
In line with the stated strategy at the time of the flotation of ToLuna, the
Board is pleased to report that an office was opened in London in July 2005 and
the project to accelerate the development of our software, AutomateSurvey, is
progressing well.
The Company acquired Cjudge SAS and Cjudge Limited on 10 May 2005 and therefore
any consolidated half-year results to 30 June 2005 would not, in the directors'
opinion, give a fair reflection of the underlying trading of the group. Under
the AIM Rules the Company is required to report on the results for the six
month period to 30 September 2005 by 31 December 2005.
Frederic-Charles Petit, Chief Executive, commented
`We are very pleased with the trading of the subsidiaries for the six months
and we are delighted with the progress the business has made since our IPO in
May. We look forward to reporting on an excellent first set of results for the
group'
Further enquires
ToLuna plc
Frederic-Charles Petit, Chief Executive
Tel: 00336 33 08 03 91
Simon Barrell, Non-executive director
Tel: 07850 934204
John East & Partners Limited
David Worlidge/Simon Clements
Tel: 020 7628 2200
Further information on ToLuna
ToLuna operates and builds online panels across Europe. It has designed and
operates software to enable research to be undertaken online.
ToLuna offers three core services to the market research industry:
* access to its online panellists;
* creation of dedicated online panels; and
* the licensing of its own proprietary technology.
The group operates across Europe with offices in London and Paris.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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