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Interim Results for the six months to 31 December 2005

Maiden Figures Since Placing and AIM Admission in Jan 2006

20 February 2006

Ekay plc, announces its first set of results as an AIM quoted company. Ekay is an advertising and marketing agency which specialises in advising clients on the use of television, national and local press, magazines, the internet, direct mail and posters, for business development purposes. Ekay has particular expertise in direct marketing.

Key points

• Strong results:
• Turnover up 158% to £16.4 million (H1 2004: £6.3m)
• Pre-tax profit up 42% to £474,000 (H1 2004: £334,000)
  
  
• Dividend:
• Interim dividend of £500,000 in the period pre-AIM admission
• The board anticipates a final dividend for the financial year ending 30 June 2006
  
  
• Key Directorate appointments:
• Tony Sullivan, Chairman 
• Julian Paul , Non-Executive Director
  
  
• 10% growth in client base with competitive position strengthened
• Diversity and quality of mandates
  
  
• Possible acquisitions identified

Eddie Powell, Chief Executive, commented:

“Ekay views itself as a provider of high value, no-nonsense services which, coupled with an aggressive approach to new business, has proven to be a winning formula and competitive differentiator.

“In the second half we plan to increase our infrastructure through recruitment and improved internal facilities enabling us to provide a consistently high level of service to all our clients, both new and established.

“We have a keen eye on growth through acquisition opportunities and are considering a number of earnings enhancing, synergistic targets and look forward to the second half with confidence.”

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

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