PRESS RELEASE December 5th 2005
Electric Word plc
Pre-close update for the year ended 30 November 2005
Electric Word plc, the specialist information publisher, is providing the following update for the year ended 30 November 2005 prior to entering its close period and ahead of its preliminary results announcement on 13 February 2006.
The Company’s trading performance in the fourth quarter has been ahead of expectations and as a consequence the results for the year to 30 November 2005 are likely to exceed current market forecasts, even after one-off relocation costs.
Chief Executive Julian Turner commented:
“Trading has been very encouraging in both our main markets of sport and education. Improving school management and teacher professional development remain key government priorities and we have been particularly encouraged by take-up of the new online teacher training business that we acquired in July.”
Ends
Enquiries:
Julian Turner, Chief Executive
Electric Word
020 7954 3470
Kim Muckle/Tim Spratt
Financial Dynamics
020 7831 3113