TIDMAPI 
 
 
 
 
 
4(th) October 2013 
 
 
   API Group plc 
 
   ("API" or the "Group") 
 
   Trading Update 
 
   API Group plc (AIM:API), the leading manufacturer of specialist foils 
and packaging materials, is today providing an update on trading ahead 
of its interim results which are scheduled to be announced on Tuesday 
3(rd) December 2013. 
 
   The Board's most recent guidance, provided at the time of the AGM on 11 
July 2013, remains unchanged overall.  Full year results are still 
expected to show progress over the previous year despite first half 
trading having been weaker than anticipated and very strong comparables 
at the interim stage last year. 
 
   API Laminates has made good progress in relation to the new supply 
contract and continuation of current off-take levels underpins the 
outlook for the second half. 
 
   Major operational improvement projects are close to completion at Foils 
Americas and Foils Europe; albeit at the expense of some business 
disruption during the transition phase.  Increased operational 
effectiveness and lower costs, combined with robust levels of demand are 
expected to benefit results going forward. 
 
   Holographics has shown little improvement on the trading performance 
experienced in the second half of last year, with a recovery in sales to 
other Group companies offset by reduced activity with external 
customers.  Nevertheless, longer term prospects have been enhanced by 
new equipment successfully brought on stream to extend the product 
offering to the security sector and good progress has been made in 
establishing a new holographic origination centre in the Czech Republic 
as a platform for innovation in optical technologies. 
 
   The Group is close to finalising new long term credit facilities for the 
UK businesses, ahead of the scheduled expiry of current arrangements. 
Further details will be provided at the interim results stage. 
 
   - Ends - 
 
   For further information: 
 
 
 
 
API Group plc 
Andrew Turner, Group Chief Executive  Tel: +44 (0) 1625 650 334 
Chris Smith, Group Finance Director            www.apigroup.com 
 
 
 
 
 
 
Numis Securities (Broker) 
James Serjeant             Tel: +44 (0) 20 7260 1000 
                                       www.numis.com 
 
 
 
 
 
 
Cairn Financial Advisers (Nominated Adviser) 
Tony Rawlinson / Avi Robinson                 Tel: +44 (0) 20 7148 7900 
                                                       www.cairnfin.com 
 
 
 
   Media enquiries: 
 
 
 
 
Abchurch 
Henry Harrison-Topham / Quincy Allan  Tel: +44 (0) 20 7398 7710 
quincy.allan@abchurch-group.com          www.abchurch-group.com 
 
 
 
   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: API Group PLC via Thomson Reuters ONE 
 
   HUG#1733590 
 
 
  http://www.apigroup.com/index.html
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