davepyle1
- 22 Jan 2004 08:31
tipped in todays share mag at 10.37p.....anyone any opinions on this share?
miner49er
- 21 Jun 2007 11:34
- 48 of 50
Contract with West Bromwich Building Society today, plently of other customers in that area to go after. That's 3 contracts in the first half, two of them building societies, and a repeat showing in the second half will see the shares hit the high teens IMO.
The West Brom deal came about via their partner Unisys, the previous Creation contract was secured through the Certegy tie-up and Barclaycard came from First Data International. These partnerships are starting to really yield fruit which is fantastic news.
gordon geko
- 22 Jun 2007 09:50
- 49 of 50
just needs some momentum in my opinion looking for to trading statement at AGM and could be another win to annouce then too 15p in next three months is my guess..
gordon geko
- 27 Jun 2007 09:01
- 50 of 50
good stmnt lets hope for some volume and momentum to carry us towards the interimas in september ...
Intelligent Environments Group PLC
27 June 2007
INTELLIGENT ENVIRONMENTS GROUP plc
ANNUAL GENERAL MEETING
PRE-CLOSE TRADING UPDATE
Intelligent Environments Group plc ('iE' or the 'Company'), the online software
provider for the consumer banking market, today announces a pre-close trading
update for the six months to 30 June 2007.
At the Annual General Meeting of iE today, Chairman Clive Richards, will make
the following statement.
'In the Company's 2006 annual statement released on 17 April 2007, I commented
on our focus in securing long-term partnerships to maintain our revenue momentum
and help iE expand into new markets and geographies. This strategy has seen
significant progress in the first half of 2007. Our partnership with Unisys,
announced at the start of 2007, is progressing well as evidenced by the recent
contract award with the West Bromwich Building Society. Two of our major banking
clients have concluded partnership agreements in Europe and the Middle East for
the roll-out of our software and the first phase of the Barclaycard contract has
been successfully implemented.
These partnerships have contributed significantly to our revenue momentum, which
we expect to see increasing by approximately 65% to 2.95 million, for the half
year ended 30 June 2007.
This revenue increase, which is primarily driven through consultancy revenue,
will result in an operating profit for the period of approximately 0.20
million, compared to a profit of 0.14 million in the first six months of last
year.
The uplift in operating performance has directly affected the net cash position,
which will show a positive balance of approximately 1 million at the 30 June.
The cash position at the start of the financial year was 0.87 million.
The Company will report its interim figures in mid-September.'
The Company's interim results for the six months to 30 June 2007 will be
reported under IFRS. This will be the Company's first time reporting under IFRS
and the impact of IFRS adoption is currently unknown and has not therefore been
taken into account in the above commentary.
Press contact:
For iE: Phillip Blundell, Chief Executive 020 8614 9800
For Dawnay, Day: David Rae
020 7509 4570
For Conduit PR: Christian Taylor Wilkinson, Charlie Geller
0207 429 6666
This information is provided by RNS
The company news service from the London Stock Exchange