Trading Statement
June 25 2002 - 3:00AM
UK Regulatory
RNS Number:6814X
Access Plus PLC
25 June 2002
TRADING STATEMENT
Access Plus is pleased to announce a number of material new business contracts
achieved during the second quarter of the year. These new contracts have begun
to have a favourable impact on current trading levels. The new business wins
are as follows:
Customer Sector Type of Service PM Date Estimated Period
Provision commenced sales per
DM annum
1. International Full PM and some PM April £2 to £3m 3 years to
Life and limited facilities be signed
Pensions Group management
2. Global PM across 1000 PM May £2 to £3m 3 years to
Utilities Group different product be signed
lines
3. Union Complete mailing DM May £600,000 Rolling
service; membership annual
card & pack; with
fulfilment and
response management
4. Tyre PM with complex PM March £500,000 Rolling
Distribution logistics across annual
Group national branch
network
5. International Complete PM service PM June £400,000 Rolling
Courier Group annual
PM = Print Management DM = Direct Mail
Access Plus has experienced flat trading conditions since April 2001.
Nevertheless, with this new second quarter business, the Company has experienced
higher levels of turnover, for the last three months compared to the same period
last year, and this looks set to continue, bringing with it the opportunity for
Access Plus to resume its enviable record of steady growth.
As this resumption of stronger performance has come later in the first half, the
Directors expect to see a modest bias away from the first half figures and
towards the second half results (a reversal of the situation in 2001).
Looking further out, the recent contract wins are expected to make a full year's
contribution in 2003 against only a partial contribution in 2002; so the
Directors are confident that this current growth is set to continue into next
year.
This information is provided by RNS
The company news service from the London Stock Exchange
Access Plus (LSE:APU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Access Plus (LSE:APU)
Historical Stock Chart
From Jul 2023 to Jul 2024