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eg solutions pre-tax profits up 92%

Wednesday, 21st September 2011
Pre-tax profits at back office optimisation software specialist eg solutions rose by 92.4% before exceptional items to £279,000 in the six months to the end of July.

Revenues were up 10.3% at £2.7m and gross margins improved to 64.7% from 63.7% last time.

Non-executive chairman Rodney Baker-Bates said: "The demand for back office optimisation solutions continues, with existing and new customers, both in the UK and internationally, responding positively to our existing products as well as those we are developing.

"Given the proportion of anticipated revenues contracted, and with the sales pipeline growing, we remain confident of our prospects for the remainder of the financial year."




Story provided by StockMarketWire.com

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