Preliminary Results for the 11 months ended
31 December 2007
04 March 2008
STM Group Plc (AIM:STM), the cross border financial services provider, announces its preliminary results for the 11 months ended 31 December 2007.
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Highlights
- Raised £7.5 million through IPO in March 2007
- Successfully acquired and integrated:
- Fidecs Group Limited
- Atlas Group Limited
- Parliament Corporate Services Limited
- Compagnie Fiduciaire Trustees Limited
- Revenue of £5.29 million*
- Profit before tax of £1.78 million*
- EPS at 5.29 pence*
* Figures are not for the full year, rather from 1 February 2007 to 31 December 2007 [although they relate to just a nine month trading period post the acquisition of Fidecs on 28 March 2007].
Commenting on the results, Tim Revill, Chief Executive Officer, said: “2007 has been an exceptional year for STM, with the Group achieving its goals of growing through strategic acquisitions and organic growth. The Group enters 2008 with a pro-forma annual turnover of approximately £7.5 million, before any further organic growth or acquisitions, and therefore looks forward to the coming year with confidence.”
For further information, please contact:
STM Group Plc |
|
| Tim Revill, Chief Executive Officer | Tel: 00 350 51610 |
| tim.revill@stmgroupplc.im | www.stmgroupplc.com |
| Daniel Stewart & Company Plc | |
| Lindsay Mair / Stewart Dick | Tel: +44 (0) 20 7776 6550 |
| www.danielstewart.co.uk |
Media enquiries:
Abchurch |
|
| Henry Harrison-Topham / Charlie Jack | Tel: +44 (0) 20 7398 7706 |
| henry.ht@abchurch-group.com | www.abchurch-group.com |