Haynes Publishing Group PLC Trading Statement (8939V)

TIDMHYNS

RNS Number : 8939V

Haynes Publishing Group PLC

06 December 2019

Haynes Publishing Group P.L.C.

Interim Close - Trading Update

Haynes Publishing Group P.L.C. ("Haynes" or "the Group") is pleased to announce a trading update for the first six months of its financial year ending 31 May 2020.

The Board expects adjusted profit before tax for the six months ended 30 November 2019 to finish ahead of the prior year by c. 37%.

The Group will announce its interim results on 30 January 2020.

Eddie Bell, Group Chairman, said:

"I am pleased to report another strong period of trading for Haynes, driven entirely by organic growth, with both revenue and underlying profit tracking ahead of the prior year.

Our strong performance is underpinned through our sustained investment in product innovation, content integration and growing data coverage, which continues to generate value for all stakeholders of the Group."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

   Haynes Publishing Group P.L.C.                                        +44 1963 442009

E Bell, Group Chairman

J Haynes, Chief Executive Officer

   Investor Contact: Panmure Gordon (UK) Limited            +44 20 7886 2500

James Stearns

   Media Contact: New Century Media                                  +44 20 7930 8033

Catherine Hems

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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