Press releases
Interim results for the six months ended 31 July 2001
02/10/2001
Highlights
- Turnover up 25% to £143.1m (2000: £114.2m) including like for like sales increase of 23%
- Seasonal operating loss, before goodwill amortisation, reduced to £2m from £3.5m
- Dividend increased by 21% to 0.4p (0.33p)
- European expansion well under way following acquisitions in Spain and Sweden
- Successful share placing, raising £17.3m for European expansion
- Strong start to second half with like for like sales increase of 46% in the 9 weeks to 29 September
- Current industry prospects very exciting, with an exceptional schedule of new software releases in the run up to Christmas
Peter Lewis, Chairman, said:-
"This is a good performance and we continue to make considerable progress on all fronts. Our sales growth since the half year has been strong and with such a big new release schedule ahead of us we are very confident."
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