Sanderson is a publicly owned, UK provider of software solutions and IT services. We supply innovative, market-focused solutions primarily to the multi-channel retail and manufacturing sectors.

Highly experienced in the markets we serve, we forge long-term relationships with our customers. This allows us to consistently deliver real business benefit and help our clients achieve rapid return on their investment in IT.

Established in 1983, Sanderson has a multi-million pound turnover and track record of profitable growth. We employ around 150 people nationwide and continually invest in developing technology skills and business know-how.

We strive to be the best in our chosen fields and achieve market leadership through the quality of our products, people and services.
Sanderson is an established and profitable software and IT services business specialising in the multi-channel retail and manufacturing markets. Operating primarily in the UK and Ireland, the Group delivers solutions to organisations with turnovers typically between £5m and £250m. Sanderson maintains a strong market position due to the quality of its products and services and its successful track record.

The Group has a strong revenue model, with approximately 50% of revenue arising from recurring licence, support and maintenance contracts. A further 40% is derived from the existing customer base, with the balance represented by revenue from new customers.

Sanderson is a resilient business. The strength of the Group's large, well established customer base is expected to enable Sanderson to trade robustly in the current financial year, subject to general market conditions prevailing within the UK economy. Our focus on all aspects of multi-channel retail, including the active and growing online sales sector, provides a level of protection from the uncertain market conditions currently affecting retail.

The Sanderson business was founded in 1983 and grew organically and by acquisition to over £119m revenue. In December 2003, the original Sanderson Group was demerged into three separate, independent entities with the present Group retaining the Sanderson name and brand. Sanderson is a name widely recognised as an established provider of software and IT services.

The Group's industry knowledge, proven revenue model, track record and acquisition experience, gives Sanderson the confidence that it is well placed to deliver both organic and acquisition-led growth in the future


http://www.sanderson.com/

Sanderson's full year results to beat expectations
Tue 23 Oct 2012

SND - Sanderson Group

Latest Prices
Name Price %
Sanderson Group 46.50p -3.12%

Software & Computer Services 878 -1.42%

LONDON (SHARECAST) - Sanderson Group, a software and IT services business, failed to please investors on Tuesday, despite revealing that its trading results for the year ended September 30th 2012 were slightly ahead of market forecasts.

The firm also said that its cash balance at that date had improved to £4.0m.

The company altered its investment strategy somewhat earlier in the year and said this has "contributed to an improved competitive market position", resulting in an increase of over 10% in the group's overall sales order intake for the financial year. The multi-channel business, with its online sales and ecommerce offerings, has achieved an increase in sales order intake of over 15% during the year.

"Notwithstanding the uncertain outlook for the general economy, the strong order book provides improved future visibility and gives the board a good level of confidence that Sanderson will make further positive progress during the year ended September 30th 2013," the firm said.

Shares in Enterprise resource planning software specialist Sanderson should react well to upbeat full year results next week (27 Nov) . The Coventry -based £19million cap will report sales order growth over 10% for the 12 months to end of Sept . Chairman and near- 30% shareholder Chris Winn is also expected to tell the market order intake is getting stronger thanks to e-commerce initiatives. Sanderson has been investing in cloud services to meet the rapidly changing needs of retail and manufacturing industry customers, such as warehousing automation and a suite of mobile applications. Some of its £4 million cash pile is being put to work in the development of sales and marketing channels. Analysts at house broker Charles Stanley are expecting £1.7 million of taxable profits, for earnings per share of 3.8p

SANDERSON GROUP PLC

Preliminary Results for the Year Ended 30 September 2012Highlights - Financial (comparative figures restated to reflect Sanderson RBS disposal)

§ Revenues from continuing operations of £13.37m (2011: £14.06m)

§ 12% increase in operating profit from continuing operations, amounting to £1.91m (2011: £1.71m)

§ Basic earnings per share of 5.5p (2011: 1.9p)

§ Basic earnings per share from continuing operations of 3.0p (2011: 1.1p)

§ Net cash at year-end increased to £4.07m (2011: net debt of £6.72m)

§ Proposed final dividend per share of 0.7p per share (2011: 0.45p)

§ 60% increase in total dividend for year at 1.2p per share (2011: 0.75p)

Highlights - Operational

§ Sanderson now debt free following disposal of Sanderson RBS in January

§ Good trading momentum and strong order book continued in second-half

§ 40% increase in order book in respect of continuing operations at year end to £1.89m (2011: £1.35m)

§ Gross margins further improved to 83.6% (2011: 82.3%) reflecting delivery of more proprietary software and other 'owned' services

§ Pre-contracted recurring revenues from continuing operations of £7.7m accounted for 57% of total revenues (2011: £7.7m, 55% of total revenues)

§ 23% increase in multi-channel retail division operating profit to £1.1m (2011: £0.9m)

§ Manufacturing division sustained operating profit performance at £0.8m (2011: £0.8m)





http://www.moneyam.com/action/news/showArticle?id=4491983

A buy in this weeks IC. The shares trade in line with net assets and, stripping out the 9p a share of cash, they are rated on nine times expected earnings. With brokers anticipating decent earnings growth,thats to cheap.

Annual Financial Report
RNS
RNS Number : 4504T
Sanderson Group PLC
13 December 2012



SANDERSON GROUP PLC

("Sanderson" or the "Company")

Posting of Annual Accounts

Sanderson Group plc (AIM: SND), the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces that its annual report and accounts for the year ended 30 September 2012 have been posted to shareholders. The annual report and accounts for the year ended 30 September 2012 have also been made available on the Company's website, www.sanderson.com.Financial
(comparative figures restated to reflect Sanderson RBS disposal)
¼¼Revenues from continuing operations of £13.37m (2011: £14.06m)
¼¼12% increase in operating profit from continuing operations, amounting to £1.91m (2011: £1.71m)
¼¼Basic earnings per share of 5.5p (2011: 1.9p)
¼¼Basic earnings per share from continuing operations of 3.0p (2011: 1.1p)
¼¼Net cash at year end increased to £4.07m (2011: net debt of £6.72m)
¼¼Proposed final dividend of 0.7p per share (2011: 0.45p)
¼¼60% increase in total dividend for year at 1.2p per share (2011: 0.75p)
Operational
¼¼Sanderson now debt free following disposal of Sanderson RBS in January
¼¼Good trading momentum and strong order book continued in second half
¼¼40% increase in order book in respect of continuing operations at year end to £1.89m
(2011: £1.35m)
¼¼Gross margins further improved to 83.6% (2011: 82.3%) reflecting delivery of more proprietary
software and other ‘owned’ services
¼¼Pre-contracted recurring revenues from continuing operations of £7.7m accounted for 57%
of total revenues (2011: £7.7m, 55% of total revenues)
¼¼22% increase in multi-channel retail division operating profit to £1.1m (2011: £0.9m)
¼¼Manufacturing division sustained operating profit performance at £0.8m (2011: £0.8m)

Sat there for a few hrs after news, now moving.

Debt free and sitting on cash and a strong order book. Good rise today

Another good rise. 7%

These looked to cheap, starting a correction now

Pleased I kept hold of these now.

On the move this afternoon.

Up just under 15% in 20 mins .

The company being an IC tip sent through today, hence the sudden buying and share price gain.

As of Mar 15, 2013, the consensus forecast amongst 3 polled investment analysts covering Sanderson Group plc advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Nov 02, 2009. The previous consensus forecast advised investors to hold their position in Sanderson Group plc.

Sold my holding.

Not in this one, for those interested -


Pre-Close Trading Update

RNS


RNS Number : 5384D

Sanderson Group PLC

30 April 2013








FOR IMMEDIATE RELEASE 30TH APRIL 2013



SANDERSON GROUP PLC



Pre-close Trading Update



"Continuing Positive Momentum"



Sanderson Group plc ('Sanderson' or 'The Group'), the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces the following trading update ahead of the announcement of its interim results for the six months ended 31st March 2013, which are scheduled for release on Wednesday 5th June, 2013.



For the six month period to 31st March ('the period'), the trading results will show revenue growing to almost £6.4 million and profit from operating activities growing by over 10% to around £0.9 million compared with the first six months of the previous year to 31st March 2012 ('last year'). Reflecting a sales mix which includes more Sanderson owned proprietary products and services, gross margins improved to almost 88% compared with 85% 'last year' and 82% in the previous year. During 'the period', pre-contracted recurring revenues rose to £3.96million, representing just over 60% of total revenues. Whilst order intake during the first half has been slower than 'last year', the order book remains strong and sales prospects, going into the second half year, are very good.



Since the year end, Sanderson has not detected any noticeable improvement in general UK economic trading conditions which remain challenging. Uncertainty surrounding the economy affects the confidence of our customers and of prospective customers in making investment decisions. General manufacturing and traditional mail order fulfilment markets remain sluggish, but there are better levels of business activity in the wholesale cash and carry, catalogue, online sales and e-commerce markets. Sanderson also has an established and good presence in the active and growing food manufacturing market where activity levels are high.



Sanderson is continuing to invest in its products and services as well as to innovate with new solutions, especially those deploying mobile technologies, in response to and in anticipation of customer demand. A major furniture manufacturer with retail outlets has implemented the Sanderson mobile sales solution across its stores nationwide. The solution runs on iPads and the touchscreens integrate with the Sanderson Unity Enterprise System, enabling orders to be configured exactly for the customer 'on the spot' and then instantly forwarded to the production department from the showroom, improving efficiency, delivery times and customer service. Order intake for mobile solutions is currently accounting for around 10% of all new business and this percentage is expected to increase further in the future.



Sanderson has a strong balance sheet, is debt-free and continues to convert profit to cash at around 100% with the cash balance at the end of March being £4.5million (31st March 2012: £3.5million). At the AGM, in February, an announcement was made that Sanderson will pay a 1.5p dividend for the coming year. This represents an increase of 25% from 'last year' and a doubling over the last two years. It is expected that the first payment will be a 0.65p interim dividend, payable in August 2013 (August 2012 interim dividend: 0.5p).



The strategy of the Sanderson Board is to achieve growth, both organically as well as by selective, complementary and low risk acquisitions which become earnings and value enhancing. A number of small opportunities continue to be considered. The Board is, however, mindful of the relatively low levels of business confidence and tough UK trading conditions and so continues to adopt a very cautious approach and intends to maintain a strong balance sheet. The strong balance sheet and robust business model coupled with a growing range of products, services and solutions provide the Sanderson Board and management with a good level of confidence of achieving market expectations for the current year to 30th September 2013.

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Sanderson Group: WH Ireland upgrades from outperform to buy with a target price of 57p.

Interim Results

RNS


RNS Number : 3061G

Sanderson Group PLC

05 June 2013



SANDERSON GROUP PLC

Interim Results for the six months ended 31 March 2013

"Further improved performance and growth following year of transition"



Sanderson Group plc ("Sanderson" or "the Group"), the software and IT services business specialising in the multi-channel retail and manufacturing markets in the UK and Ireland, announces Interim Results for the six month period ended 31 March 2013.



Commenting on the results, Chairman, Christopher Winn, said:

"Results for the six month trading period to 31 March 2013 show further improvements in revenues and operating profits. Whilst general UK trading conditions remain challenging, Sanderson has continued to generate cash strongly and to invest both in its products and services as well as in its sales and marketing capacity and capability, together producing an improved performance in the first half".

Highlights - Financial

§ Revenues from continuing operations increased to £6.37m (2012: £6.14m).

§ An increase in excess of 13% in operating profit from continuing operations amounting to £0.91m (2012: £0.80m).

§ Profit before tax from continuing operations of £0.85m (2012: £0.41m).

§ Basic earnings per share from continuing operations of 1.8p (2012: 0.4p).

§ Net cash at period-end increased to £4.50m (2012: £3.56m).

§ 30% increase in Interim Dividend to 0.65p per share (2012: 0.5p).

Highlights - Operational

§ Continued strong cash generation with net cash balance of £4.50m at period end, representing more than 10p per share.

§ Good trading momentum; order book of £1.59m at period end and growing.

§ Gross margins further improved to 87.9% (2012: 84.3%) reflecting delivery of more proprietary software and other 'owned' services.

§ Pre-contracted recurring revenues from continuing operations grew to £3.96m (2012: £3.80m) accounting for approximately 62% of total revenues.

§ 20% increase in multi-channel retail division operating profit to £0.61m (2012: £0.50m); projects during period for Aspinal of London, JoJo Maman Bébé and Axminster Tool Centre with two new customers gained.

§ Manufacturing division maintained operating profit performance at £0.30m (2012: £0.29m); projects during the period for Brookfarm, Anstey Wallpaper and Proctor Paper & Board.

§ Further £0.25m investment in sales and marketing capability.

§ Continued investment in proprietary solutions using mobile technologies generating high levels of interest and development activity.



On current trading and prospects, Mr Winn, added:

"The Board is very mindful of the relatively low levels of business confidence and of continuing challenging trading conditions within the UK and so continues to adopt a very cautious approach. The strong balance sheet and robust business model, coupled with a growing range of products, services and solutions and an improving order book, provide the Sanderson Board and management with a good level of confidence of achieving market expectations for the current year to 30 September 2013".

A buy in this weeks IC - House broker Charles Stanley - We believe the shares remain compelling in the light of high levels of recurring revenue, strong cash generation and the firms grip on its pension deficit which it hopes to be cleared by 2017. All these attributes make Sanderson a highly attractive takeover target.

LISTEN: Sanderson Group (SND) - Placing and acquisition

Click here

Pre Close Trading Update

RNS


RNS Number : 3921R

Sanderson Group PLC

25 October 2013




FOR IMMEDIATE RELEASE 25 October 2013


SANDERSON GROUP PLC
Pre-close Trading Update



"Strong Trading Momentum complemented by Increased Levels of Business from New Customers"



Sanderson Group plc ('Sanderson' or 'The Group'), the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces the following trading update ahead of the publication of its preliminary results for the year ended 30th September 2013, scheduled to be released on Tuesday, 26th November 2013.



The trading results for the year ended 30th September 2013 are in line with market expectations and will show Group revenues of approximately £13.8m (2012: £13.37m), an improved gross margin of 87% (2012: 83.6%) and operating profit in line with market expectations.



Sanderson has continued to invest in the further development of the Group's businesses which address the expanding multi-channel retail and ecommerce markets, as well as on selected niche markets within the manufacturing sector. Product investment has been concentrated on further extending the products and services which are based upon the Group's own proprietary solutions, especially those which enable warehouse and manufacturing automation, together with solutions designed for deployment on mobile devices, including smart phones and tablets. By supplying customers with more of the Group's own products and services, gross margins have continued to improve, rising to over 87% from 83.6% in 2012. Sanderson has also continued to expand its sales and marketing capabilities and as a result of its improved competitive market position, the value of contracts signed with new customers during the year has risen by 10% to over £1.6m (2012: £1.46m; 2011: £1.27m).



In order to augment the Group's organic growth, two complementary acquisitions have been completed within the past three months. The two acquisitions comprise of Catan Marketing Limited, providing ecommerce solutions under the PRIAM trading name, for a maximum consideration of £644,600, completed in August 2013 and, at the start of the new financial year, One iota Limited on 7th October 2013 for a maximum aggregate consideration of £5.43m.



Whilst general economic conditions have shown some slight improvement in 2013, the outlook continues to be uncertain and business confidence, although increasing, still appears quite fragile. The Group's strong order book, improved market position and the two recent acquisitions provide the Board with an expectation that Sanderson will achieve significant progress during the current financial year ending 30th September 2014.