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Epic exceeds expectations

In a trading statement released in October 2003 and again in the announcement of Epic's results for the six months to 30 November 2003, released in February 2004, reference was made to a poor order intake impacting Epic's performance in the second half of the current financial year to 31 May 2004.

Whilst order intake for the Autumn 2003 period was disappointing, it has become apparent that the margins achievable from these orders will be stronger than originally anticipated and that current year profitability will be ahead of market expectations.

Also encouraging are current sales activity levels which continue to revert to normal levels.

For further information:
Michael Inwards (Chairman)- 01273 728686
Donald Clark (Chief Executive Officer)- 01273 728686
Stephen Oliver (Chief Financial Officer)- 01273 728686
James Chandler / Grace Marriner - 020 7398 3300

Notes to editors:

Epic (www.epic.co.uk) is the leading online learning company in the UK. For nearly 20 years Epic has been a consistent leader and innovator, producing ground-breaking and award winning work.

Epic creates complete integrated learning solutions for clients embracing blends of online learning, workshops, performance support and collaborative communities. Services range from consultancy through content production and technology solutions (both bespoke and generic) to testing and localisation.

Epic's extensive client list includes:

In the financial sector, Barclays, Lloyds TSB and The Royal Bank of Scotland

In the government sector, central government departments (DWP, DfES, FCO), the Cabinet Office, regional bodies (Scottish Enterprise, the Welsh Development Agency) and Inland Revenue, Customs & Excise.

In education and health, Ufi learndirect, UKeUniversities, NHSU (National Health Service University).

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See also:
Investors

 
Downloads

Corporate brochure: E-Learning at Epic
Data sheets: Epic Consulting, Accessibility Lab, Arena, Blended Learning ROI Calculator (‘The Blender’), Epic P2P, Hosting, Thought Leadership Programme, Testing (x4)
White papers: Blended Learning, Blended Learning in Practice
Survey report: The Future of E-Learning

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