RNS Number:1015A
KBC Advanced Technologies plc
12 July 2007



Embargoed until 0700                                                12 July 2007

                         KBC Advanced Technologies plc
                                    ("KBC")

                               Trading Statement

KBC, a leading independent consultant to the oil industry, is pleased to
announce a trading update in relation to the interim results for the six months
ended 30 June 2007 which will be announced on 10 September 2007.

Refining margins remain at record levels providing us with significant
opportunities and strong demand for our services. Demand has been particularly
strong for our Human Performance Improvement and Energy services and for Capital
Project support. Our recruitment and training campaign has seen consultant
levels increase by 7% since the year end, and we are continuing to recruit to
meet market demands.

The first half of 2007 has seen continued growth in contract awards, revenue and
trading profitability. Contract awards for the period total #19m, compared to
#12m in the same period last year. The consequent contract backlog is expected
to total #29m at the half year in contrast to #22m at the same time last year
and #27m at 31 December 2006.

We have for the first time sold a project directly focused on measuring and
reducing carbon emissions at a refinery in California. Although this contract is
relatively small, we believe that it is important strategically and expect this
source of work to grow as the industry responds to external environmental
pressures.

We anticipate that first half financial performance will be significantly ahead
of the same period last year and ahead of current full year expectations on a
pro-rata basis. The strong market background provides the Board with confidence
that growth will continue through 2007 and into 2008.

                                    - Ends -

For further information please contact:
KBC Advanced Technologies plc                                       01932 236314
George Bright, Chief Executive
Nicholas Stone, Operations and Finance Director

Arden Partners Limited                                             020 7398 1632
Richard Day

Weber Shandwick Financial                                          020 7067 0700
Richard Hews / Rachel Taylor

Notes to Editors:
KBC Advanced Technologies plc, a leading independent consulting, process
engineering and software group, delivers improved operating performance to the
oil refining, petrochemical, and other process industries worldwide. We provide
process consulting, strategic planning advice, energy price forecasting and
market analysis, economic studies, capital project services, and training to
help clients achieve their business objectives and improve their competitive
position. KBC's human performance improvement division, TTS Performance Systems,
provides organisational effectiveness services, training programmes, operations
manuals, and personnel development services. KBC's consultants recommend changes
for material and measurable improvements in profitability. To assist clients in
realising such improvements, KBC provides implementation services and software
solutions, including the KBC SIM models and Petro-SIMTM for process
optimisation, and the Linnhoff March and Veritech energy optimisation software
packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the
Netherlands, Russia, China, and Japan. For more information, visit
www.kbcat.com.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
TSTILFFDDLILLID

Kbc Adv.Tech. (LSE:KBC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Kbc Adv.Tech. Charts.
Kbc Adv.Tech. (LSE:KBC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Kbc Adv.Tech. Charts.