9 Jan 2007 07:00
Delling Group PLC09 January 2007 For Release 7:00 am 9 January 2007 DELLING GROUP PLC (DLG.L) The AIM-listed marketing support services group Contract Gain "New contract with Swedish grocery chain VI-Butikerna ("VI") adds revenues of approx £1.1 million per annum." Delling Group PLC ("Delling"), the only listed marketing support services groupon AIM whose principal assets are in Scandinavia, announces that it has agreedan outsourcing contract with VI-Butikerna ("VI"), a top-end Swedish grocerychain, in which Delling will handle the production of graphical material to VI's90 food malls across Sweden. Delling anticipates that this new contract should result in Delling receivingrevenues from VI in the region of £1.1 million per anum. The contract will also draw on a range of other Delling services including theproduction of advertisements, weekly direct mail activities, production ofbrochures and project management. The contract with VI will last for two years,with VI enjoying an "opt out" after the first year. The contract will commencefrom 1 February 2007. Commenting, Geir Lolleng, Chief Executive of Delling, said: "This contract has been high on our target list. It is therefore extremelysatisfying that we have managed to get this customer on board". "We have not worked for VI previously and so the contract revenues will be inaddition to our current turnover. On the back of the recently announcedacquisition of DOG (14 December 2006), which is intended to enhance our abilityto handle new contract wins efficiently, this contract win with a new customeris both pleasing and is expected to be earnings enhancing". ENDS For further information please contact: Contact: Delling Group PlcGeir Lolleng Tel: + 46 765276024 www.dellinggroup.com---------------------- Adventis Financial PR Tel: 020 7034 4758/020 7034 4760Tarquin Edwards/Peter Binns 07879 458 364 / 07768 392 582 Notes to Editors VI-Butikerna A top-end Swedish grocery chain, based in Stockholm, VI-Butikerna operates 90food malls across Sweden. Delling Group is a leading supplier of marketing support services for marketingand communication departments throughout The Nordic countries. Delling manages all fields of graphic support in many different forms andformats including trade fairs, exhibitions and interactive digital solutions forthe web, mobile telephone marketing solutions, motion media for flat screens,plasma or LCD. It also supplies IT solutions which support and increase the efficiency of bothmarketing and information departments. However, its major strength is that theGroup can deliver complete turnkey solutions, tailor-made for its customers'every need. Delling also offers outsourcing solutions that can substantiallysave costs and improve efficiency. The Group's major activities are today concentrated in the Norwegian and Swedishmarkets, however, it is quickly expanding into other Nordic areas, as well ashaving customers and production facilities in Eastern Europe. It also has wellrespected suppliers as far a field as China and Thailand. Delling Group has today 130 employees. It is rapidly developing its organisationby focusing on supplying its customers with the quality they demand, deliveredon time at the right price. Central to its philosophy lies the fact that itscustomers will obtain greater effects and efficiency for every pound they investin marketing and information. The Group has strong growth, both through furtherdevelopment of existing clients and establishment of many new relationships,together with acquiring companies that enhance and further develop our businessconcept. Delling's goal is within the course of the next two years, through bothsatisfied customers and recommendations, to be the largest and most profitablecompany in the field of marketing support services within the Nordic countries,and a significant player within Eastern Europe. In October 2004 it was the firstScandinavian business to be listed on AIM, the London Stock Exchange'sinternational market for smaller growing companies. This has given Delling theaccess it needs to capital funds needed to maintain and strengthen the furtherdevelopment of the Group. This information is provided by RNS The company news service from the London Stock Exchange