INVESTOR RELATIONS

Corporate News

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.

Download

The full results are available to
view and download in PDF format


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:


STMGroup Plc
Tim Revill, Chief Executive Officer Tel: 00 350 51610
[email protected] 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 Tel: +44 (0) 20 7398 7706
[email protected] www.abchurch-group.com