Trading Statement
26 February 2009 - 7:03PM
UK Regulatory
TIDMFAN
RNS Number : 9160N
First Artist Corporation PLC
26 February 2009
Date:26th February 2009
On behalf of: First Artist Corporation plc ("First Artist" or "the Group")
Embargoed for: 0700hrs
FIRST ARTIST CORPORATION PLC
Trading Update
First Artist Corporation plc (AIM: FAN), the media, entertainment/sport and
events group, today provides an update on current trading prior to entering the
close period before reporting its interim results for the six months ended 28th
February 2009.
Highlights for the period include:
* SpotCo, the newly acquired US-based live entertainment advertising agency, has
defied the downturn on Broadway by performing ahead of budget since its
acquisition in October 2008, and is already making a valuable contribution to
the Group. Its innovative campaigns currently include such major Broadway hits
as Billy Elliott, Shrek, and In the Heights.
* The West End continues to attract strong theatre audiences, with Dewynters, our
UK-based full-service agency, supporting numerous productions including Wicked,
The Lion King, We Will Rock You, and the current major hit Oliver!, which opened
in December 2008.Evidencing the strategic fit between the two companies,
Dewynters is also collaborating with SpotCo on the campaign for Priscilla Queen
of the Desert, which opens in the West End next month and in the US later this
year.
* First Artist Sport was responsible for the successful negotiation of the high
profile transfer of footballer Andrey Arshavin from Zenit St. Petersburg to
Arsenal during the January 2009 transfer window, and for the move of manager
Harry Redknapp to Tottenham Hotspur in November 2008.
The Group continues to trade in line with management expectations.
It is expected that the Group will report its interim results for the six months
ending 28th February 2009 in May 2009.
- ends -
+--------------------------------------------------------+--------------------------+
| First Artist Corporation plc | tel: 020 7993 0000 |
| Jon Smith, Chief Executive | www.firstartist.com |
| Julianne Coutts, Company Secretary | |
| | |
+--------------------------------------------------------+--------------------------+
| Daniel Stewart & Company plc, Nominated Adviser and | tel: 020 7776 6550 |
| Broker | www.danielstewart.co.uk |
| Stewart Dick/Graham Webster | |
| | |
+--------------------------------------------------------+--------------------------+
Notes to Editors:
First Artist Corporation plc was admitted to AIM in 2002.
First Artist's group companies are among the leading brands in their fields
under the following categories:
Media - entertainment advertising, marketing, design, promotions, digital media,
merchandising, signage and front of house displays for the West End, Broadway
and Las Vegas via the Dewynters, SpotCo and Newman Displays brands. Sponsorship
rights marketing through First Rights Limited.
Events - offers a broad range of events such as conferences, company activity
days, parties, venue finding, delegate management and client events for private
and public sector clients through The Finishing Touch.
Entertainment/Sport - representation of media personalities and football
players/clubs across the UK, Europe and the US by First Artist Management, First
Artist Sport, Promosport and First Artist Scandinavia, together with wealth
management through the Independent Financial Advisory firm, Optimal Wealth
Management.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTIIFITFFIRFIA
Volution (LSE:FAN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Volution (LSE:FAN)
Historical Stock Chart
From Jul 2023 to Jul 2024
