Scottish Radio Holdings (SRH) has issued a positive trading statement to shareholders, for the period October to December, announcing an 11% growth in revenues and a 5% increase in like-for-like revenues.
Speaking at the Group’s annual general meeting, Lord Gordon of Strathblane CBE, chairman of SRH, was optimistic about the company’s performance over 2005. He said: “Early trading for all revenue streams looks encouraging for the second quarter. The Board therefore looks forward to a good result for the group overall, for the financial year to 30 September 2005.”
Last November, the Group issued a trading statement announcing that last year the company had achieved record results, with group revenues growing by 14%, beating the group’s previous expectations of 9% (see SRH Exceeds Expectations With Record Results).
SRH expect to announce its interim results on 19 May 2005.