KCOM Group PLC (KCOM.LN) said Friday trading in the first quarter of fiscal 2010 has been in line with its expectations set out in June, adding that it remains confident actions taken so far have strengthened the group and will deliver an improved overall financial performance.

The provider of information technology and communications services to businesses also said it will continue to focus on cost and capital management in order to reduce debt and strengthen its financial position.

In June the company said fiscal 2010 will be a year of further transformation and it is confident overall performance will continue to improve.

The company said Friday it intends to integrate and focus on two businesses - the first comprising the East Yorkshire and Eclipse internet businesses, and the second those activities that will form a national managed communications services business.

The recently signed agreement with BT Group PLC (BT.A.LN), which will give KCom's access to BT's national network and outsource the management of its network assets to BT's wholesale division, is progressing well and on track to transfer management on Sep. 1, it added.

At 0750 GMT shares were unchanged at 28.50 pence in a slightly higher FTSE SmallCap Market- Up 0.04%.

 
Company Web site: http://www.kcom.com 
 
-By Razak Musah Baba, Dow Jones Newswires; +44-20-7842-9275; razak.baba@dowjones.com
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