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UK Small Caps

Wednesday June 3, 09:24 AM
Adventis trading in line

LONDON (ShareCast) - Marketing and advertising agency Adventis said trading to date has been generally in line with the board's expectations as it looks ahead to a challenging 2009.

Its healthcare business has continued to enjoy
an active pharmaceutical market that appears broadly recession resistant while the technology and telecoms market has picked up after a slower start and visibility for 2009 is now strong.

"Both these sectors now have a very significant digital presence and the directly measurable results arising from digital activity very much support its use in adverse times," the group said in today's AGM statement.

Adventis also said its media planning and buying businesses remain profitable but are experiencing a generally lower level of activity than historically.

The group believes that it is "well placed to continue to trade profitably and take advantage of the opportunities that will be created."

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