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 a specialist in multi-channel retail and manufacturing markets in the Uk, may be off the radar of most investors, but is a profitable business and one that is exposed to high-growth segment of the software market: e-commerce and mobile devices. The company makes its money by offering customers software products and services that have a tangible benefit of reducing costs or improving the efficiency of their business. eg The company works in partnership with clients to deliver e-commerce softwaresystems that underpin their online operations and enable them to cross and upsell products, offer a '3D' secure payment process and intergrate online offerings with other parts of their business.
Its a fast growing segment of the retail market to be operating in, with IMRG Capgemini forecasting that the UK online sales will grow 13 per cent this year. There is also a large market to aim at.
Importantly, Sanderson has the cash available to invest and meet client demand.
The small-cap company is debt free having sold the company's electronic point-of-sale solutions business in January for £11.75m and has net funds of £3.6m at the end of March.
So with order intake strong, and the board recently noting that the business is '' trading ahead of expectations for the year to September '', we could be in for some upbeat trading news when the company releases a pre-close update in a few weeks time ahead of results in late November. One thing for sure analyst earnings estimates are in the bag, which signifcantly mitigates risk. Whats more, even without factoring in any upgrades, there is a strong case to be made that the shares are seriously undervalued.

Seem to be working for me these tips in the share mags.

Pre-Close Trading Update
RNS
RNS Number : 2687P
Sanderson Group PLC
23 October 2012











For Immediate Release 23 October 2012



SANDERSON GROUP PLC



Pre-close Trading Update



"Strong Trading Momentum Maintained"



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 preliminary results for the year ended 30th September 2012, due to be released on Tuesday, 27th November 2012.



Following the sale of Sanderson RBS in January 2012 for a cash consideration of £11.7million, the Group has concentrated on developing and further growing its businesses both in the expanding multi-channel retail and ecommerce markets, as well as, in selected manufacturing markets. Investment has focused upon developing new products and services, such as warehouse automation and increasingly, mobile applications, as well as upon strengthening the Group's sales and marketing capabilities. This investment strategy has contributed to an improved competitive market position resulting in an increase of over ten per cent 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.



The trading results for the year ended 30th September 2012, are slightly ahead of market forecasts and the Group's cash balance as at 30th September 2012 has further improved to £4million.



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 ending 30th September 2013.





Ends

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.

-----------------------------------------------------------------------------------------------


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".