LONDON (ShareCast) - Marketing and printing group St Ives reported a good annual performance from its digital marketing business, but tough trading in print services.

St Ives said trading in marketing services was well ahead of last year and was expanding through acquisitions, including digital marketing agency Realise in March and health communication business Health Hive in May.

The group is also increasing staff in the UK and overseas to support medium-term growth.

St Ives said print services was likely to increase like-for-like revenue despite difficult trading.

"Having successfully restructured our print businesses, we will continue to invest in the remaining businesses to improve the range and quality of the services we offer," it said.

"The board is pleased to report that the results for the financial year ended 1 August 2014 are expected to be in line with current market expectations," it said.

Shares in St Ives rose 1.75p or 0.9% to 206p at 10:57 in London.

PW

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