27th September 2005
Interim Results 2005 for the six months ended 30 June 2005
Cello Group plc, the marketing services group, today announces its maiden interim results for the six months ended 30 June 2005, the first since its admission to AIM in November 2004.
Turnover £20.9m, Gross profit £10.3m, Pre tax profits £1.32m
Group structure established – consists of three platforms and seven operating companies including three acquisitions completed post period end
Further acquisitive and organic growth initiatives in hand
Current trading remains strong and good forward visibility
Kevin Steeds, Chairman, commented:
‘I am pleased to announce that the Group has delivered excellent results – comfortably ahead of expectations, with all businesses performing well. ‘Current trading remains strong across all three platforms. Given the current visibility of revenues and the contribution that the three companies recently acquired will make, we are confident about the outcome for the full year.
‘We continue to look at a range of initiatives designed to further strengthen our existing businesses as well as a selected number of acquisition opportunities.’