TIDMHYNS

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

TSTBLGDLDBGBGCX

(END) Dow Jones Newswires

June 04, 2019 02:00 ET (06:00 GMT)

Haynes Publishing (LSE:HYNS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Haynes Publishing Charts.
Haynes Publishing (LSE:HYNS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Haynes Publishing Charts.