Trading Statement
October 11 2007 - 2:01AM
UK Regulatory
RNS Number:5177F
Tinopolis PLC
11 October 2007
Tinopolis PLC
Trading Update
10 October 2007
Tinopolis, one of the UK's largest independent producers of content for
television, learning and new media, issues the following trading update for the
twelve months ended 30 September 2007.
The Directors are pleased to report that the Company continues to experience
strong trading conditions and has made solid progress in meeting its objectives
for the year. The BBC's decision to terminate its "Jam" project in March this
year, which we reported in our Interim Statement, was damaging to our learning
and new media business. Final settlement of our "Jam" contracts has now been
agreed with the BBC in line with the information set out in our interim results.
The Directors expect to report results in line with market expectations. Revenue
visibility across the Group remains excellent and the directors view the outlook
for the current year with confidence.
Tinopolis will announce its preliminary results in January 2008.
Enquiries:
Tinopolis Plc. +44 (0)1554 880880
Ron Jones, Executive Chairman
Arwel Rees, Managing Director
Investec +44 (0) 20 7597 5970
Rupert Krefting
Martin Smith
This information is provided by RNS
The company news service from the London Stock Exchange
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