News
Trading Update
03 December 2009
WFCA plc, the leading regional advertising and marketing agency, today announces the following AGM statement.
Since the date of the announcement of the Company's preliminary results, 6th October 2009, the Company has been unsuccessful in retaining a major account beyond the end of February 2010, which will result in the Company's revenue and profit falling short of expectations for the second half of the Company's financial year to 30 June 2010. Whilst this is a setback, the Company has a growing pipeline of new business opportunities with which to endeavour to fill its increased capacity. However, in the event that the Company is unable to convert its pipeline of new business the Board expect full year results to 30 June 2011 to be substantially below current market expectations.
| WFCA plc | |
| Steve Latter, Financial Director | Tel: 01892 511 085 |
| Daniel Stewart & Company plc | |
| Simon Leathers/Oliver Rigby | Tel: 020 7776 6550 |
WFCA plc is a uniquely placed full service Marketing Communications Agency and positioned as the "London Agency not in London". WFCA is the largest regional Agency and 28th largest Agency in the UK.
Their role is as a different kind of Agency, with completely integrated and full service resource delivering advertising, design, direct, digital and media solutions to a wide range of blue chip Clients, but at a much lower cost than their London based competitors.