Dillistone Group Reports Revenues Up 16%

Dillistone Group Reports Revenues Up 16%

Dillistone Group Plc, the AIM quoted supplier of FileFinder executive recruitment software, is pleased to announce its audited results for the year that ended 31 December 2010.

Highlights for the year:

Revenues up 16% to =£4.3m with non recurring revenues up 31%

Operating profits up 9% to =A31.2m

Final dividend of 7p per share recommended, making total dividend for year of 10.5p

Cash funds of =£2.1m up 18%.  The Group remains debt free

Clients in 61 countries world wide

Delivery of our largest ever US based implementation

FileFinder 10 launched on 31 March 2011

Commenting on the results, Mike Love, Non-Executive Chairman, said: "Dillistone has made excellent progress in 2010 despite the broader economic uncertainty.  We have grown the client base, invested in product development and delivered an increase in profits.

He reported: "We are a market leader in the executive recruitment software industry where our products are business critical to our clients. We are committed to investing in maintaining and building on that advantage for the benefit of both clients and shareholders.  The release of 'FileFinder 10' is evidence of this strategy."