Pre-Close Update
2011年2月25日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
TIDMSPMG
SPORT MEDIA GROUP PLC
("Sport Media", "the Company" or "the Group")
Pre-Close Update
The Board of Sport Media Group PLC (AIM: SPMG.L) is pleased to make the
following pre-close update for the year to 31 December 2010:
The Group performed broadly in line with management expectations for most of
2010 and, subject to audit, Group EBITDA is expected to be in excess of GBP1m for
the year.
Newspaper circulation remained stable until late October, but, like the whole
industry, was adversely effected in the last two months of the period, largely
as a consequence of the poor weather conditions which impacted on the delivery
capabilities, particularly in Scotland.
The Digital business had a better year overall in 2010, and in particular, the
Telecom2 business finished the year strongly.
As previously announced we have secured our funding through to March 2013 and
continue to have constructive discussions with our lenders with regards to
reducing the debt burden within the Group.
We anticipate that the results for the year will be published in April.
Enquiries:
Sport Media Group plc
Andrew Fickling, Chief Executive Officer
Neil Robertson, Group Finance Director Tel: + 44 (0) 161 236 4466
www.sportmediagroup.co.uk
Daniel Stewart & Company plc
Oliver Rigby Tel: + 44 (0) 20 7776 6550
www.danielstewart.co.uk
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Sport Media Group PLC via Thomson Reuters ONE
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