SMC Smc Grp

RNS Number:7569Q
SMC Group Plc
26 March 2008


26 March 2008

                                 SMC Group Plc

                      Trading Update and Notice of Results

Following the successful restructuring, refinancing and strengthening of the
management team which has taken place since June 2007, SMC Group Plc is pleased
to announce the following trading update ahead of its preliminary results due
for publication on 3rd April 2008:

   *H2 07 revenues are expected to be approximately �23.0m vs H1 07 revenues
    of �21.1m - an increase of circa 9% from the first half, giving full year 07
    revenues of circa �44.1m; and
   *H2 07 EBITDA* is expected to range between �3.7m and �4.0m vs H1 07
    EBITDA* of �1.2m - an increase of at least 300% from the first half, giving
    expected full year 07 EBITDA* of between �4.9m and �5.2m.

* EBITDA stated before exceptional items
Whilst recognising the one off charges associated with the restructuring,
refinancing and write downs incurred in the year, the Board believes that the
steps taken during 2007 have been effective, resulting in cost savings and
increased revenues as demonstrated by the expected increases in H2 07 revenues
and EBITDA (before exceptional items) over those reported in the first half.

From this new base, trading in 2008 continues to be robust and the Board
believes further opportunities for efficiencies and growth via integration of
the businesses can be realised.

Executive Chairman, Sir Rodney Walker said," I am pleased with the progress the
business has made since last summer. With the debts of the business, including
contingent consideration, significantly reduced as a result of the open offer
and with stronger management in place, led by new MD Chris Littlemore, in place,
we can now continue to build on the opportunities open to us as one of the UK's
leading architectural services businesses."

                                    - ends -

For further information:

SMC Group Plc                        Tel: +44 (0)20 7495 5335
Chris Littlemore/Rob Boardman

Numis Securities Limited             Tel: +44 (0)20 7260 1000
Stuart Skinner/Brent Nabbs/James
Serjeant

Bell Pottinger Corporate & Financial Tel: +44 (0)20 7861 3232
David Rydell/Chris Hamilton




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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