12 May 2011 – interim management statement

The group has traded well since the start of the year helped by the provision of additional services and important new contracts, one of which, worth in excess of £100m has been announced today.  The latter is a four year deal commencing next January to supply and distribute office products with Advantia, a non-profit making purchasing organisation which acts on behalf of 55 independent dealers in office products.  The share price has failed to react to this good news and with the shares yielding 9%, they remain a BUY.