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AXO Axon Grp.

647.50
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Axon Grp. LSE:AXO London Ordinary Share GB0005669220 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 647.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Statement

02/12/2003 7:00am

UK Regulatory


RNS Number:7198S
Axon Group PLC
02 December 2003

                                                               2nd December 2003

                                 Axon Group plc

                               Appointment of COO
                          Significant new contract wins


Axon Group plc, the business transformation consultancy, today provided an
update on current trading and changes within its board.

Mark Hunter, Chief Executive Officer, said:

"Our strategy is to deliver business transformation programmes for $1bn+
corporations that have SAP as their strategic platform. This strategy delivered
a great set of results for the first half of 2003, and we are confident of
meeting market expectations for the full year.

"Since our Interim statement in September, we have formally signed the
previously announced $16m contract with the Qatar Foreign Ministry to create a
limousine company in Qatar to support the 2006 Asian Olympics. In the last three
months, we have also won a significant business transformation programme with a
large consumer goods organisation, as well as signing major contracts with
organisations such as the Police Information Technology Organisation (PITO), Al
Rajhi and a leading UK police authority.

"As part of the ongoing plan to strengthen the board, I am pleased to announce
the appointment of Steve Cardell as Chief Operating Officer with immediate
effect. Steve was the managing director of Bywater, the business consultancy
that we acquired in 2001, and in the last two years he has enjoyed considerable
success as Axon's commercial director. I welcome him to the plc board and have
every confidence in his continuing success.

"We have a strong order book and healthy sales pipeline, and we look forward to
2004 with enthusiasm."

                                      ENDS

For further information, contact:

Mark Hunter, Chief Executive Officer
Matt Davison, Group Financial Controller
Axon Group plc                                  01784 480 800

Matthew Jervois, Geoff Callow
Grandfield                                      020 7417 4170


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

END
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