Creston PLC Trading Statement (4175V)
18 4월 2016 - 3:00PM
UK Regulatory
TIDMCRE
RNS Number : 4175V
Creston PLC
18 April 2016
18 April 2016
Creston plc
('Creston' or the 'Group')
Trading update
Creston plc, the marketing communications group, provides an
update on trading for the year ended 31 March 2016 ahead of its
unaudited preliminary results for the period, which will be
announced on Wednesday 8 June 2016.
The Board anticipates the Group's financial performance to be in
line with the trading statement of January 2016 and consensus
expectations for revenue, Headline PBT and Headline Diluted
Earnings per Share, with net cash ahead of expectations at over
GBP1 million. As previously announced, exceptional charges against
reported PBT will include a charge for impairment in the carrying
value of goodwill.
Barrie Brien, Group Chief Executive, commented: "We have ended
the year in line with consensus expectations. The actions we have
taken since our January update to the market, plus a more stable
outlook for our clients, continue to develop our strong foundation
for future growth."
For further information please contact:
+ 44 (0)20 7930
Creston plc 9757
Barrie Brien, Group Chief
Executive
Kathryn Herrick, Chief
Financial Officer
+44 (0)20 3772
Bell Pottinger 2491
Elly Williamson/Lucy Stewart
About Creston plc
Creston plc (LSE: CRE), incorporating the Creston Unlimited
group offer, is a marketing communications group delivering a range
of digital technology based marketing solutions to blue-chip global
clients. Encompassing consultants and discipline experts from
across the industry and beyond, Creston Unlimited unlocks the power
of creative collaboration to realise the opportunities that exist
for brands and businesses in today's rapidly evolving world.
www.creston.com
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[1] Headline results reflect the underlying performance of the
Group and exclude property related costs, start-up net losses,
acquisition and restructuring related costs, the launch of Creston
Unlimited and Group rebranding, movement in fair value of
contingent deferred consideration, impairment of goodwill,
amortisation of acquired intangibles, deemed remuneration charges,
acquisition related share based payment charges and notional
finance costs.
2 Profit before taxation (PBT).
3 Like-for-like comparisons remove the impact of acquisitions
during the current period.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 18, 2016 02:00 ET (06:00 GMT)
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