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Welcome to our investor area media centre
The Media Centre offers you the opportunity to track our progress and financial news released during the year and since the publication of the latest Financial Statements, which are accessible in the Investor Area "company reports" section.
Topics covered include major group developments, trading updates, acquisitions and disposals and board appointments.
2010
March
9 March 2010
St Ives plc - Interim Results for the 26 weeks ended 29 January 2010
St Ives plc, the UK’s leading printing group, announces interim results for the 26 weeks ended 29 January 2010.
Key Points
• Underlying revenue from continuing operations £187.1m* (2009: £208.0m)
• Underlying profit before tax from continuing operations £8.4m* (2009: £6.2m)
• Profit from continuing operations before tax £8.3m (2009: £4.4m)
• Underlying earnings per share from continuing operations 5.59p* (2009: 4.15p)
• Interim dividend of 1.75p per share (2009: 1.75p per share)
• Successful actions taken to reduce costs and debt
• Significant improvement in profits before tax despite lower revenues
• Underlying gross margins increased by 2%
• New management team transitioned and driving change
* Before restructuring costs, provision releases and other one-off items
Commenting on the results, Patrick Martell, Chief Executive of St Ives, said:
“Following the actions taken during 2009, we are pleased to report an improvement in the Group’s profitability, despite reduced volumes and pricing pressure leading to lower revenues.
“While we are not anticipating any immediate improvement in our underlying markets, we will continue our focus on cross selling where we have existing relationships and further develop our offering to new and existing customers. This will, we believe, allow us to make progress during these difficult times and to take advantage of better market conditions in due course.”
For further information contact:
St Ives plc - 020 7928 8844
Miles Emley, Chairman
Patrick Martell, Chief Executive
Matt Armitage, Finance Director
Smithfield - 020 7360 4900
John Antcliffe
Rupert Trefgarne
Click here to download full announcement
2 March 2010
St Ives plc - loss of contract for IPC's magazine titles
We have been informed by IPC that they will not be renewing the contract for the magazine titles we currently produce for them when the contract comes up for renewal at the end of June 2010. The contract is currently fulfilled across our factories in Plymouth, Peterborough and Roche and represents approximately 3% of our annual group revenue.
The market for magazine manufacture continues to be oversupplied and suffering from the general downturn in advertising spend brought about by the financial crisis and with further migration online of both advertising and content. As we have previously stated, our strategy is to focus on products and customers where there is a demand for service and quality and not to chase volumes at sub economic prices. We are confident that any impact from this contract loss, which falls at the end of the current financial year, will be mitigated by new contract wins and more efficient capacity utilisation during our next financial year, given our well invested facilities and reputation for quality and service. We continue to keep our costs under review and will take whatever further action is necessary.
For further information please contact:
St Ives plc 020 7928 8844
Patrick Martell, Chief Executive
Matt Armitage, Finance Director
Smithfield 020 7360 4900
John Antcliffe
Rupert Trefgarne
Click here to download a pdf of this statement
February
25 February 2010
St Ives plc - Notice of Half year Results
St Ives plc announces that it intends to publish its half year results for the 26 weeks to 29 January 2010 on Tuesday, 9 March 2010.
For further information contact:
St Ives plc
Patrick Martell, Chief Executive
Matt Armitage, Finance Director
020 7928 8844
Smithfield
John Antcliffe / Rupert Trefgarne
020 7360 4900
Click to download a pdf of this statement
9th February 2010
St Ives plc - Appointment of Corporate Broker
St Ives plc is pleased to announce the appointment of Numis Securities Limited as its Corporate Broker with immediate effect.
Enquiries
St Ives plc
Patrick Martell 0207 928 8844
Numis Securities Limited
Tin Rowntree 0207 260 1340
Click to download a pdf of this statement
January
26 January 2010
St Ives plc - Trading Update
Further to our Interim Management Statement issued on 30 November 2009, St Ives is today providing a pre-close trading update.
With the general economic climate remaining uncertain, we have yet to see signs of any improvement in our underlying markets. However, whilst sales are expected to be lower in the first half of this financial year than the comparative period for the prior year, margins have improved, partly through the planned reduction of unprofitable volumes with high outsourcing requirements and partly through reductions in the cost base.
The Group's financial position continues to be robust with strong cash flows and reduced debt levels despite the funding of the cost reduction programme previously mentioned. We continue to keep all costs under close review and seek to identify further improvements.
We are pleased with the actions taken to strengthen the management team and our progress in improving and extending our existing range of services and products.
As previously stated, the benefits of the actions taken to date are being seen and we are confident of an improved performance in the first half of this financial year compared to the equivalent period last year. The Group continues to be in a strong position to make further progress and take advantage of any upturn in activity as and when it occurs.
For further information please contact:
St Ives plc 020 7928 8844
Patrick Martell, Chief Executive
Matt Armitage, Finance Director
Smithfield 020 7360 4900
John Antcliffe
Rupert Trefgarne
Click to download a pdf of this statement
2009
November
Results of Annual General Meeting
30th November 2009
Interim Management Statement
30th November 2009
October
Notice of Annual General Meeting
30th October 2009
Annual Financial Report 2009
28th October 2009
Preliminary Results 2009
19th October 2009
Final Dividend 2009
19th October 2009
August
Notice of Results 2009
12th August 2009
June
Interim Management Statement
2nd June 2009
April
Changes In Board Responsibilities
17th April 2009
Lodging of Interim Statement 2009
14th April 2009
March
Interim Dividend 2009
31st March 2009
Interim Results 2009
31st March 2009
February
Directorate Change
11th February 2009
January
Trading Statement
26th January 2009
Senior Management Changes
22nd January 2009
Completion of US Disposal
22nd January 2009
Result of Extraordinary General Meeting
21st January 2009
Posting of Circular - Disposal of US Division
5th January 2009
Disposal of US Division
2nd January 2009
2008
December
AGM Results 2008
1st December 2008
Directorate Changes & Shareholding
1st December 2008
Interim Management Statement
1st December 2008
October
Lodging of Annual Report and Accounts 2008
31st October 2008
Declaration From Lloyd Wigglesworth
28th October 2008
Appointment of Lloyd Wigglesworth
27th October 2008
Preliminary Results 2008
21st October 2008
Final Dividend 2008
20th October 2008
Notification of Preliminary Results 2008
3rd October 2008
September
Disposal of Dutch Music and Multimedia Activities
24th September 2008
Closure of DB Pension Scheme
2nd September 2008
June
Interim Management Statement
20th June 2008
April
Lodging of Interim Statement 2008
15th April 2008
March
Interim Results 2008
31st March 2008
Notification of Interim Results 2008
10th March 2008
2007
December
AGM Results 2007
3rd December 2007
Interim Management Statement
3rd December 2007
October
Lodging of Annual Report and Accounts 2007
31st October 2007
Royal Mail Contract Award
19th October 2007
Final Dividend 2007
16th October 2007
Preliminary Results 2007
16th October 2007
Directorate Change - Dame Sue Tinson
10th October 2007
September
Notification of Preliminary Results 2007
25th September 2007
August
Trading Statement
1st August 2007
July
Changes to Board Responsibilities
31st July 2007
June
Declaration - Matthew Armitage
7th June 2006
Appointment of Matthew Armitage
4th July 2007
April
Lodging of Interim Statement 2007
26th April 2007
Interim Results 2007
11th April 2007
March
Interim Notification
23rd March 2007
January
Trading Statement
30th January 2007
Disposal of Corporate Finance Business
16th January 2007
2006
December
Total Voting Rights & Share Capital
28th December 2006
Board Change - Ray Morley Retirement
20th December 2006
Disposal of Corporate Finance Business
19th December 2006
Declaration - Simon Ward
4th December 2006
Appointment of Simon Ward
4th December 2006
November
Acquisition of Service Graphics
6th November 2006
October
Lodging of Annual Report 2006
27th October 2006
Statement - Rejection of Proposal by Tangent
19th October 2006
Response to Tangent
17th October 2006
Preliminary Statement 2006
10th October 2006
September
Statement - Possible Offer
28th September 2006
Rule 2.10 Announcement
28th September 2006
August
Trading Statement
29th August 2006
Declarations of New Non-Execs
23rd August 2006
Appointment of New Non-Execs
17th August 2006
June
Trading Statement
14th June 2006
April
Lodging of Interim Statement 2006
13th April 2006
Interim Results 2006
11th April 2006
January
IFRS Restatement Document
31st January 2006
IFRS Restatement
31st January 2006
Trading Statement
19th January 2006
Board Announcement - Lorraine Baldry Retirement
9th January 2006
2005
November
AGM Results 2005
29th November 2005
October
US Announcement - Hurricane Damage in Florida
28th October 2005
Lodging of Annual Report 2005
26th October 2005
September
Changes in Board Responsibilities
30th September 2005
August
Trading Statement 2005
9th August 2005
April
Interim Results 2005
11th April 2005
Disposal of Johler Druck
5th April 2005
2004
December
AGM Results 2004
1st December 2004
November
Lodging of Annual Report 2004
2nd November 2004
October
Preliminary Results 2004
11th October 2004
September
Acquisition of SP Group Holdings Limited
13th September 2004
April
Interim Statement 2004
16h April 2004
Interim Results 2004
8th April 2004
March
Pension Fund Changes
15th March 2004
February
Relocation of M&M from Tunbridge Wells to Crayford
23rd February 2004
January
Announcement re-rationalisation in USA
29th January 2004
To illustrate the range of our services, of necessity, we have reproduced customers' registered and unregistered trade marks and representations of their brands. The rights that our customers have in their respective trade marks and brands are fully acknowledged.