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Xpertise Group PLC News

AGM Statement

17 April 2008

FOR RELEASE                           

7.00 AM                                    

16 April 2008

 

 

Xpertise Group PLC - One of the UK’s leading IT Training companies

 

AGM Statement

 

  • Delivered revenue 13% ahead of previous year
  • Strong trading from major customers
  • Confident with regard to prospects for the year

 

At the Annual General Meeting of Xpertise Group PLC, being held today at 10.30am, Richard Last, Chairman, will give the following update on trading:

 

“Trading in the first quarter of 2008 has remained strong. Delivered revenue of £6.0 million was 13% above the corresponding period in the previous year and 11% ahead of budget.

 

We have continued to see strong trading from our major customers, where revenues now form a greater proportion of our overall business. Pleasingly, there has also been a slight improvement in our gross profit percentage.

 

The Board is confident with regard to prospects for the remainder of the year.”

 

16 April 2008

 

For further information:

Xpertise Group PLC

Richard Last (Chairman) 

01608 683108

Ian Johnson (Managing Director)

0113 382 6150

Daniel Stewart & Company Plc

 

Lindsay Mair

020 7776 6550

Cubitt Consulting

 

Brian Coleman-Smith / James Verstringhe / Nicola Krafft

020 7367 5100

 

Background Note

 

Xpertise is one of the UK’s leading providers of managed training services, authorised IT, professional and soft skills training. Its aim is to help companies nationwide to exploit technology to become more efficient, more productive and more competitive.

 

Xpertise has a nationwide network of training centres located in London, Thames Valley, Leeds, Manchester, East Midlands and Tyne & Wear.