peeyam
- 21 Sep 2007 11:37
The company is reporting its results next friday, I think it is a good buy at this time.
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Pre-Close Trading Update
Infonic plc (formerly Corpora plc), the AIM-listed provider of innovative
information management software, today announces an update on trading in advance
of its Interim Results for the period ended 30 June 2007.
The Company is pleased to report that revenues were above expectations for the
first six months of the year.
Revenue during the period was expected to be approximately 50% higher than the
same period last year. However, as a result of stronger than expected trading,
the Company now expects to report revenues some 100% higher than the same period
last year.
Careful control of costs has been maintained and the Company expects to report
positive EBITDA for the period.
Full details of the results for the period will be announced on 28 September
2007.
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