Connecting to LinkedIn...

Blank

Dillistone Groups Interim Results Report Growth In Revenue & Operating Profits

Dillistone Groups Interim Results Report Growth In Revenue & Operating Profits
Dillistone Group Plc (DSG.L) the parent company of Dillistone Systems, the leading global supplier of FILEFINDER executive recruitment software announces its interim results for the first 6 months that ended on June 30, of 2010, with revenues up by 8%, operating profits up 10% and a strong project pipeline carried into H2 2010.
(London & New York September 27, 2010) Dillistone Group Plc (DSG.L), parent company to Dillistone Systems, the leading global supplier of FILEFINDER executive recruitment software is proud to announce its Interim Results for the six months that ended 30 June 30, 2010.
The highlights are:
Revenue up 8% to GBP1.968m
Non-recurring revenues up 22% to GBP0.755m
Recurring revenues of GBP1.213m up 1% on H1 2009 (GBP1.204m) and 6% on H2 2009 (GBP1.140m)
Operating profits up 10% to GBP0.511m
Basic earnings per share up 3.9% to 6.67p
Increase in subscription based sales - offering increased confidence in visibility of future revenues
Net cash inflow over period - cash of GBP1.912m at 30 June 2010
The Group continues to be debt free
Dividend policy maintained, with Interim payment of 3.5p due in November
Strong project pipeline carried into H2 2010
Commenting on the results, Mike Love, Chairman of Dillistone, said: "Against an unsettled economic backdrop, these results represent excellent progress. We are carrying a strong pipeline into H2 2010 and this, along with our high level of recurring revenues, gives us confidence in our ability to meet market expectations for the full year."

Tags:

Articles similar to

Articles similar to