Universe Group PLC Trading Update (0887M)

TIDMUNG

RNS Number : 0887M

Universe Group PLC

18 January 2016

AIM: UNG

Universe Group plc

("Universe" or "the Group")

Trading Update

Universe (AIM: UNG.L), a leading developer and supplier of point of sale, payment and on-line loyalty systems provides the following update on trading for the financial year to 31 December 2015.

As anticipated in our Interim Report, trading in the second half of the year has been significantly ahead of the first half. The Board currently expects turnover for the year ended 31 December 2015 to be broadly in line with the prior year and that adjusted profit before tax will be in line with market expectations.

Significant progress was made in 2015 in developing the product portfolio and securing new customers, leading to a number of roll-outs that are scheduled to start in the coming weeks. We remain encouraged by the Group's continuing development, including its increasing presence in the convenience store sector and the Board remains positive about the outlook for the current financial year.

For further information:

 
Universe Group plc                T: +44 2380 689 
 Jeremy Lewis, CEO                 510 
 
finnCap                           T: +44 20 7220 
 Stuart Andrews (corporate         0500 
 finance) 
 Tony Quirke (corporate broking) 
KTZ Communications                T: +44 20 3178 
 Katie Tzouliadis                  6378

About Universe Group plc

Universe provides some of the world's leading retailers with point of sale, payment and loyalty solutions. The Group's solutions are based on its own proprietary software and are offered out of the Cloud on a software as a service model with its data centres processing in excess of 3 billion transactions every year. For further information, please see www.universeplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 18, 2016 02:00 ET (07:00 GMT)

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