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1
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2
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- Revenues increased by 22% to £14.5m (2004: £11.9m)
- Operating profit* increased 49% to £1.5m (2004: £1m)
- Profit before tax was £1.4m (2004: £1m)
- Adjusted earnings per share* increased by 36% to 19.99p (2004: 14.68p)
- Basic earnings per share increased by 22% to 17.98p (2004: 14.68p)
- Positive cash flow resulted in year-end net cash of £0.9m (2004: £2.1m)
£2.5m was spent on acquisitions in 2005
- * before amortisation of intangible assets
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3
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- To build shareholder value by:
- Delivering specialist systems solutions for growth markets
- Using added value products and services
- Increasing recurring revenues and performance predictability
- Delivering business improvement …. in perpetuity
- .... creating a leading specialist systems
- solutions business
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4
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5
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6
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7
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8
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9
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- A clear strategy
- Wider market opportunities
- Larger customer base
- Strong product and service portfolio
- Improved customer references in key target markets
- Optimising new technologies
- Significant opportunities for organic growth
- Seeking further acquisitions
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Notes
