Independent British music and media firm Chrysalis Group Plc said on Wednesday its first-half trading was "broadly in line" with expectations, and claimed its music and radio operations were "well placed" to outperform their respective sectors over the full year.

In a trading update issued to the London Stock Exchange, Chrysalis forecast first-half net publisher's share in the six months to Feb. 28 would rise 6% on the back of earlier chart successes with Gnarls Barkley, The Raconteurs, Ray LaMontagne, Feeder and the Dixie Chicks.

"These recent successes underpin the strength and quality of the Chrysalis Music publishing operations," the company said. "As with previous years, the results for Chrysalis Music will be weighted to the second half."

Chrysalis Group, which owns the Heart, Galaxy and LBC radio brands, also said it saw "signs of an improving trend" in the "volatile" radio sector. The company had warned in February that pressures in the advertising market would hit Chrysalis Radio's bottom line.

The group will publish its interim results on May 14, 2007.

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