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Netb2b2

Date Reports available Download
Mar 30
2006
Delayed reaction
First half figures for the six months to December 2005 have come in pretty much as expected at breakeven. However, contract delays (not cancellations) in the early weeks of the second half have led us to pull back our full-year profit forecast by just over 50%. We have made precautionary adjustments to our figures for June 2007, lowering our profit forecast by 47% and delaying the introduction of a dividend for a year. The current year will also bear an exceptional pension provision of £140,000.
Research type: Quarterly update
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4 page note available
Jan 20
2006
Image enhancement
The AGM confirms the progress being made by the company. Our aggregate forecasts are unchanged but we are altering the mix to reflect impressive business wins in the Solutions companies compensating for slower growth from Hosting. Contract timing will push the bulk of the growth into H2. The group now has a clearer and more coherent strategy which we fully expect to add value to the individual elements. Directors have added to their shareholdings.
Research type: Review - Update
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8

page note available
Oct 21
2005
Proven strategy
Preliminary results released today are broadly in line with market expectations, with the company now firmly positioned in profitable growth territory. Management’s restructuring of the company has given it an attractive combination of steady contributors and fast-growing activities. Balance sheet strength provides comfort that growth can be funded and further acquisition opportunities can be pursued where appropriate.
Research type: Update - Preliminary Results
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4

page note available
Oct 13
2005
Update
Research type: Quarterly Update - Steady Progress
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May 24
2005
Initiation of Coverage
Research type: Outlook
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