Regulatory News

 

Interim report For the six months ended 31 March 2009
10.06.2009

Highlights

• Revenue up 83% to £30.1 m (March 2008 £16.46m)

• Gross Profit up 67% to £8.46 m (March 2008 £5.07m)

• Profit before taxation of £0.86 m (March 2008 £0.36m loss)

• Strong organic growth

• Restructuring process completed

• Equity Fundraising of £5 m in March 2009
  

• EPS of 1.77p (March 2008 loss of 0.89p)

Andy Church, Chief Executive, commented:
Turnover, gross profit and profit before tax are all ahead of Board expectations and the Group has made a solid start to the year. The Group completed a substantial restructuring and cost reduction exercise during the period and the results for the first half reflect the impact of this exercise.

Current trading remains positive and the performance of the Group in the first half gives the Board confidence for the full year.

To download the Interim report in PDF format please click here

 

Year 2009   Resignation of a Director     Directors Interests in Shares     Notice of AGM     Formation of EBT     Final Results     Trading update     Academics Earn-Out   Interim report   Notice of results and trading update   General Meeting, AGM and trading update   Final Results   Placing and share capital reorganisation   Update on restructuring   Year 2008   Appointment of Director   Trading Update and Board Change   Retirement of Director   Directors Shareholding   Granting of Options   Interim Results   AGM and trading update   Acquisition of Education Business   Notice of AGM   Placing to raise £1.9m   Annual Report   Acquisition of Education Business   Year 2007   Total Voting Rights   Acquisition of Security Businesses and Appointment of Director   Acquisition of recruitment business   Announcement on acquisition talks   Final Results   Company website   Acquisition   Change of Adviser   Change of Adviser   Change of Registered Office   Result of EGM   Acquisition of Dream Group   Restoration of Trading on AIM