News

Preliminary Announcement of Results for the year to 30 June 2006

24 November 2006

Ekay plc (“Ekay” or the “Company”) 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.

Highlights

• Strong results:
• Turnover up 81.1% to £36.4 million (2005: £20.1m)
• Gross margin up 24.6% to £2.28 million (2005: £1.83m)
• Headline pre-tax profit up 18.0% to £1.18 million (2005: £1.00m)
• Reported pre-tax profit of £0.97m (2005: £1.00m)

• Dividend:
• Final dividend of 0.3 pence per share making a total post AIM admission dividend of £111,566 for the year
  
• Announced today: Acquisition of Wallace Barnaby & Associates Limited
• Consideration: £1.75m
• Leading Channel Islands based marketing/advertising company
• Earnings enhancing and synergistic

Eddie Powell, Chief Executive, Commented:

“The Group has continued its progress and profitability since June 2006.

“With the completion of further complementary acquisitions and the continued organic growth of the business in a dynamic and evolving market place, we view the outlook for the Group to be extremely exciting and I look forward to the challenges over the next 12 months and the further development of the enlarged Group.”

The full results are available to download in PDF format.

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