Business
AGM Statement
AGM Statement.
About this update from Rm Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8265U\n RM PLC\n 08 April 2021\n \n \n \n 8 April 2021\n \n RM plc\n \n Annual General Meeting Statement\n \n The AGM of RM plc (\"RM\"), a leading supplier of technology and resources to the education sector, will be held today at 11.30am. At the meeting, John Poulter, Chairman, will make the following statement:\n \n \"The first quarter trading performance has been impacted by the closure of schools and the cancellation of 2021 school examinations in the UK and Ireland. The effect of this nationwide lockdown in RM Resources has been less significant than experienced in the prior year as the numbers of pupils physically in school has been higher and trading has recovered quickly since the reopening of schools.\n \n The situation remains uncertain as a result of COVID-19 but the Group was profitable in the first quarter and remains in a robust financial position with net debt as at 28 February 2021 of £13.3m (February 2020: £30.0m) against a committed credit facility of £70m.\"\n \n Contacts\n \n \n \n \n \n RM plc \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Neil Martin, Chief Executive Officer \n \n \n Mark Berry, Chief Financial Officer \n \n \n \n \n 08450 700 300 \n \n \n \n \n \n \n \n \n \n \n \n \n Headland Consultancy (PR adviser to RM) \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Stephen Malthouse ([email protected]) \n \n Chloe Francklin\n \n \n ([email protected])\n \n \n \n \n \n Abena Affum \n \n \n ([email protected]) \n \n \n \n \n 07734 956201 \n \n \n \n \n \n 07834974624\n \n \n \n \n \n 07799 088801 \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \nNotes to Editors:\n \n FY20 Consensus\n Source: Bloomberg\n Consensus 2021 revenue estimate is £194.5m (vs. 189.0m in 2020), adjusted EBIT £16.5m (vs. £14.4m) and adjusted EPS 14.2p (vs. 13.0p).\n \n RM is a UK listed company, providing market-leading products and services to educational institutions, exam bodies and international governments which improve, simplify and support education and learning. \n \n \n Technology is transforming Education, and RM is well positioned to capitalise on this through i...