Ten Alps PLC
24 August 2005
For release 07.00 August 24th 2005
Ten Alps PLC
Trading Update
TV production company Ten Alps PLC ('Ten Alps') today announces a trading
update.
Revenues are set to rise year-on-year by 65% in the six-month period ending
September 30, 2005.
This board earlier made a projection of a 50% increase, in its Final Results
announcement of 13 June 2005.
The forecast revenue growth is organic, deriving from the increased level of TV
productions contracted and in progress. Ten Alps companies have produced
programmes in this period for the BBC, Channel 4, Five, Sky One, ITV2,
Discovery, RTL and other UK and European channels.
With respect to the second half of the current fiscal year ending 31 March 2006,
the board intends to provide an update in October 2005 on a number of new TV
productions, the expected level of revenues for the full financial year, and
details on investments into terrestrial and broadband TV production operations.
As previously stated, the board does not endorse analyst projections and gives
guidance through RNS.
Ends
For further information:
Ten Alps PLC 0207 089 3686
Alex Connock (CEO)
Nitil Patel (Financial Director)
Binns & Co PR Ltd 0207 786 9600
Peter Binns
Jacqui Graves
This information is provided by RNS
The company news service from the London Stock Exchange