RESULS out today, and certainly the company is now going places.
Making profits after 3 years of losses, cash on the bank of 19.1M
And growth for the future, @ 64p the shares are worth to be put on the Portofolio.

Key points:

* Turnover from continuing operations including acquisitions of #22.1m (2002
/3 restated: #21.7m), up 2% or 8% in constant currency terms

* Total Group turnover was #22.1m (2002/3 restated: #25.0m)

* Operating profit of #0.8m (2002/3 restated loss of #10.7m)

* Central group overheads reduced 33% to #1.3m (2002/3: #2m)

* Profit before tax was #1.5m (2002/3 restated: loss of #6.0m)

* Earnings per share were 2.7p (2002/3 restated: loss of 7.9p)

* Cash balances at 31 March 2004 stood at #19.1m (2002/3: #22.2m)

* Cash of #1.3m (2002/3: #0.7m) generated from operations

* Strengthened Supply Chain Execution portfolio with acquisition of
TradePoint Systems during the year, followed by the acquisition of Paral of
India and assets of ShipNow Global Holdings post year end

* 6 new Kewill Trade/Messagebroker contracts in UK retail

* 8 more enterprise level US shipping wins in 2nd half of 2003/4 (6 in 1st
half)
* Improved processes and management strengthened across all business units

Andy Roberts, Chairman of Kewill Systems plc, commented:

"We are delighted that the last year's hard work in a difficult trading
environment has returned the company to profitability. Revenue growth remains a
priority and we are confident that our acquisitions will bolster our
international growth and future development."

Paul Nichols, Chief Executive, added,

"Despite the challenging environment, I am very pleased to report that we have
experienced a year of organic revenue growth in Europe and improved our US
revenue mix. We have kept operations tight and, after 2 tough years, have
returned the business to profitability at Group level. We are confident that we
can build on this progress and our main focus will be to exploit the improving
commercial outlook while keeping an eye open for consolidation opportunities."

Couldnt agree more, once the short termers are out, stock should be rerated will be interesting to see projections for 2004/5 2005/6

Kewill Systems PLC
23 July 2004


KEWILL SYSTEMS PLC ('the Company')

23 July 2004

HOLDING IN COMPANY

The Company has today received notification from Cantor Fitzgerald Europe
('Cantor') that, as at 20 July 2004, Cantor has an interest in and is the
registered holder of 2,805,000 ordinary shares of 1p each in the Company,
representing approximately 3.57% of the Company's issued ordinary share capital.



This information is provided by RNS
The company news service from the London Stock Exchange

Has anyone any input on todays results