Trading Statement
May 13 2003 - 9:44AM
UK Regulatory
RNS Number:0297L
Sterling Publishing Group PLC
13 May 2003
TRADING UPDATE
Sterling Publishing Group Plc having completed its trading year ended 31 March
2003 makes the following announcement.
Whilst revenues for the year are in keeping with current market expectations the
company is pleased to announce that cost controls and efficiency management have
resulted in a profit for the second half year which has reduced the total
expected loss before tax for the full year.
Borrowings also reduced significantly against market forecasts ending the year
at approximately #2million.
Management remains cautious about the outlook for the year ending 31 March 2004.
13 May 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTBXGDUDSBGGXX