com:20090930:Rnsd9258Z
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RNS Number : 9258Z  
  
KCom Group PLC  
  
30 September 2009  
  
KCOM GROUP PLC (KCOM.L) TRADING UPDATE  
  
KCOM Group PLC ("KCOM") issues the following trading update ahead of its Interim 
results for the six months ending 30 September, which will be announced on 24 
November 2009. The management team is also holding a briefing for analysts 
today, to provide an update on the market opportunity for the managed services 
business. No new material information will be disclosed and the presentation 
will be available on the company's website at www.kcom.com from 10.30am.  
  
The Board's focus for the current financial year remains the continuing 
improvement in the overall quality of the Group's activities, positioning it for 
subsequent profitable growth.  
  
The restructure of the Group continues to make good progress and remains on 
track to be completed, as planned, in the third quarter of the current financial 
year:   
  
This more integrated and tightly focused Group structure is based on two 
businesses;   
  
       -    the first includes our East Yorkshire business and Eclipse Internet 
  
  
       -    and, the second comprises those activities that will form a national 
managed communications services  
            business.  
  
We will report in this new format at our interim results.  
  
The previously announced agreement with BT is progressing well. On 1st 
September, the management of our network operations transferred successfully 
over to BT. As part of these arrangements, 130 KCOM employees transferred to BT 
under TUPE on the same day.  
  
Outlook  
  
Group trading remains in line with our expectations. In particular, our net debt 
has continued to reduce as a result of improving financial performance, arising 
from the actions we have taken. The Board remains confident that the actions 
taken so far have strengthened the Group and will deliver an overall improved 
financial performance.  
  
For further information, please contact:  
  
Bill Halbert, Executive Chairman/Paul Simpson, CFO  
KCOM Group PLC  
01924 882952 (PA: Annette Watling)   
  
Brian Hudspith/Amanda Martyr  
The Maitland Consultancy  
020 7379 5151   
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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