AGM Statement/ Interim Management Statement
July 15 2009 - 1:00AM
UK Regulatory
TIDMBPG
RNS Number : 6638V
Business Post Group PLC
15 July 2009
15 July 2009
Business Post Group plc
AGM / INTERIM MANAGEMENT STATEMENT
At today's AGM of Business Post Group plc, Chairman Peter Kane will announce the
following statement to shareholders covering the period 1 April 2009 to 30 June
2009.
We have made a satisfactory start to the financial year, with trading
performance in line with management expectations.
"Underlying group revenues (adjusted for the number of working days) were in
line with the revenues for the same period in the previous year. On an
unadjusted basis group revenues in the period decreased by approximately 4% year
on year.
Our parcels business has seen an improved trend in underlying volume and revenue
performance and, whilst still down on the previous year, this improvement is
encouraging.
Our Mail business, UK Mail, continues to achieve satisfactory levels of growth,
benefiting from the early mail volumes from recent contract wins.
Revenues in specialist Services, on an underlying basis, were slightly ahead of
last year.
The Board plans to change the name of the Group to 'UK Mail Group plc' in early
October 2009. This will recognise the broad range of services the group now
offers under the UK Mail brand, and reflects the livery that is now in use on
the Group's fleet and premises."
- Ends -
For further information, please contact:
+--------------------------------------------+---------------------------------+
| Business Post Group plc | |
+--------------------------------------------+---------------------------------+
| Guy Buswell (Group Chief Executive) | 0121 335 1111 |
+--------------------------------------------+---------------------------------+
| Steven Glew (Group Finance Director) | 01753 706 070 |
| | |
+--------------------------------------------+---------------------------------+
| Hogarth Partnership | |
+--------------------------------------------+---------------------------------+
| John Olsen | 020 7357 9477 |
| Ian Payne | |
+--------------------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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