RNS Number:1460M
AT Communications Group Plc
18 January 2008


ATCG.L




                          AT Communications Group plc

                             ("ATC" or "the Group")


                           www.atcommunications.co.uk


                                 Trading Update


                           In line with expectations


ATC - the award-winning supplier of Information and Communication Technology
("ICT") solutions - today announced that results for the year ended 31 December
2007 are expected to be in line with market expectations. Profits before tax,
amortisation and exceptional items for the period are expected to be in the
region of �6.2m on sales of c�89m.


The strong performance in the second half of the year was driven by the
successful re-organisation of the Group into three separate operating divisions,
completed earlier in the year. The re-organisation, following a series of
acquisitions over the previous two years, positioned ATC to service fully the
entire market and encouraged cross selling across all divisions. In addition,
following the investment in the Group's sales teams in the first half, ATC
successfully secured a multi-million pound contract with BT for a combination of
products and maintenance, as well as significant contracts with HMV, Dixons and
Relate in the second half.


The Board expects to report net debt at the year-end of approximately �15.9m,
reflecting much improved operating cash conversion in the final quarter of the
year. The Group expects to build upon this cash generation in 2008, leading to
further reductions in net debt. In addition, the Board is pleased to announce a
further strengthening of ATC's financial position with a recent refinancing of
the Group's bank facilities on significantly improved terms.


Alex Tupman, CEO said:-

"We have had a very clear strategy to date which has been focused on growing our
product and service offering via select acquisitions to achieve UK wide
coverage. This has been very successful with ATC now in an enviable position of
being able to provide businesses across all markets and of any size, with a
complete 'best of breed' ICT proposition. This is a market leading and highly
competitive position to be in at a time when organisations are increasingly
seeking to rationalise their supplier base.

At the same time, we have also invested heavily in our sales capability in order
to target larger, higher margin contracts, which in turn are generating a strong
new business pipeline and healthy operating cash flows, a key area of focus for
2008 and beyond. Our prospects, looking forward, are very encouraging and I will
update shareholders on further progress in due course"


Enquiries:

AT Communications Group PLC                                  08700 55 80 80
Alex Tupman, Chief Executive
www.atcommunications.co.uk

Biddicks
Shane Dolan                                                  020 7 448 1000  
www.biddicks.co.uk


.


About AT Communications Group plc


ATC is one of the UK's largest independent business communications groups and is
listed on the London Stock Exchange (AIM). The Group offers a comprehensive
portfolio of voice, data, mobile and video solutions, specialising in IP
technology, alongside managed services, e-commerce, design consultancy,
installation and maintenance. ATC operates under three divisions to ensure total
market coverage. Each division operates independently but shares resources to
ensure best practice at divisional level without duplication of effort.
www.atcommunications.co.uk


ATC Solutions:

A leading business systems integrator, ATC Solutions is accredited at the
highest level with leading ICT manufacturers and continues to craft
best-of-breed solutions, supported by

in-house services capabilities to SME and corporate customers directly. ATC
Solutions' customer base now totals over 10,000 and includes the majority of the
Times 500 companies. www.atc.co.uk


Rocom:

Rocom has over twenty years of experience in the communications market and
focuses on resellers and dealers as well as retail channels for online services.
It is the only UK distributor with the ability to distribute IP-based Customer
Premises Equipment, Hosted IP Communications, and in-house Network Services to
assist channels and their customers in managing the transition to IP-based
solutions. www.rocom.co.uk


Servassure:

A fully independent third party service provider to channel partners in the UK
ICT market - including ATC Solutions and Rocom, Servassure was formed in January
2007 to provide traditional and IP-based carrier and engineering services with a
100% channel focus. Servassure targets and supplies large channels including
network operators such as BT and Colt and systems integrators such as Siemens
who require a more customised level of service and support than a traditional,
smaller channel. www.servassure.co.uk




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

END
TSTBPMPTMMJBBLP
AT Communications (LSE:ATCG)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more AT Communications Charts.
AT Communications (LSE:ATCG)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more AT Communications Charts.