Trading Statement
May 12 2006 - 3:01AM
UK Regulatory
RNS Number:8623C
Management Consulting Group PLC
12 May 2006
Management Consulting Group PLC
Trading Update
Revenue for the first four months of the year is in line with the Board's
expectations and is significantly ahead of the same period of 2005.
The Proudfoot Consulting business has made very good progress in all geographic
regions. The slow start to the year in Parson North America has continued as
Sarbanes Oxley related work has been completed and the transition to other
services continues. Our strategy of expanding the Parson offering and
geographies beyond the US has limited the impact of this softening in the US
market.
We anticipate that similar trading conditions will prevail for the remainder of
the first half and that accordingly group revenue for the half year will be
significantly ahead of the same period last year.
For further information please contact:
Management Consulting Group PLC
Kevin Parry, Chief Executive 020 7710 5000
Mark Currie, Finance Director
The Maitland Consultancy
Suzanne Bartch 020 7379 5151
Peter Ogden
Notes To Editors
Management Consulting Group PLC (MMC.L) operates through two divisions:
Proudfoot Consulting and Parson Consulting. Proudfoot Consulting specialises in
operational improvement consulting and Parson Consulting specialises in
financial management consulting. The businesses operate worldwide. For further
information, visit www.mcgplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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