Direct Line Regulatory News (DLG)

4 Oct 2006 07:00

Delling Group PLC04 October 2006 For Release 7:00 am 4 October 2006 DELLING GROUP PLC (DLG.L) The AIM-listed marketing support services group Re: Contract Win "Substantially better than expected roll out / development of Expert retail contract in Scandinavia " Delling Group PLC, the only listed marketing support services group on AIM whoseprincipal assets are in Scandinavia, announces that the roll out and developmentof the previously announced two year contract with Expert Invest AB ( 26 July2006), for the implementation of graphic and motion media, in addition to screeninstallations, in Expert's recently acquired 'Power' shopping chain, has had asubstantially greater impact on revenues than previously anticipated. At present, the current revenue rate on a monthly basis is more than twice thelevel at which the anticipated original £1.0 million per annum estimate wasbased. The new estimate is for an expected volume of £2.0 million per annum. Delling Group is also pleased to confirm that its other contracts announced in2006 are developing according to expectations. Commenting, on the positive development, Geir Lolleng, Chief Executive ofDelling Group, said: "I am delighted that this, our first significant screen contract, is developingat a higher and faster rate than we had anticipated and it strongly underpinsour increasingly good organic growth. We are also benefitting and beingsupported by the strong economic growth evident across the Scandinavian region." ENDS For further information please contact: Contact: Delling Group PlcGeir Lolleng Tel: + 46 765276024 www.dellinggroup.com---------------------- Adventis Financial PRTarquin Edwards/Peter Binns Tel: 020 7034 4758/020 7034 4760 Kreab ASBrynjulf Freberg Tel: +47 9066 3646 Notes to Editors Expert Invest AB Power has 30 large stores in Sweden and sells a wide range of consumerelectrical products. The Expert group, one of the largest retailers inScandinavia, has approximately 950 shops in the region and in the Baltic's. 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 100 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 the Alternative Investment Market, theLondon Stock Exchange's international market for smaller growing companies Thishas given Delling the access it needs to capital funds needed to maintain andstrengthen the further development of the Group. This information is provided by RNS The company news service from the London Stock Exchange