Pre-close trading statement
November 01 2005 - 2:00AM
UK Regulatory
RNS Number:4169T
Matrix Communications Group PLC
01 November 2005
Matrix Communications Group plc
Pre-close trading statement
Matrix Communications Group plc, the information technology and communications
services business, is providing a pre-close trading statement.
Trading in the fourth quarter of the financial year to 31 October 2005 was
encouraging. The Group has continued to benefit from the acquisitions made over
the last two years as well as organic growth across all its business lines.
Revenues in the fourth quarter were over #18 million, up more than 16% on the
third quarter and compared with the #22.5 million achieved in the first half of
the year to 31 October 2005. In the fourth quarter both the Partner Sales and
Integration divisions achieved record sales.
As a result, profits before tax and exceptional items are in line with the
market expectations post the Group's trading update of 22 September 2005.
Matrix Communications continues to grow its recurring revenues through the
provision of long term service contracts and has a strong pipeline of new
business carried forward into the new financial year. So far, circa #26 million
of revenue has already been contracted for the new financial year 2005/6.
Matrix will report its preliminary results for the year to 31 October 2005 in
mid January 2006.
1 November 2005
Enquiries
Matrix Communications 01342 871 888
Ian Smith, Chief Executive Officer
Tony Weaver, Chief Operating Officer
College Hill 020 7457 2020
Adrian Duffield / Clare Warren
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTFGMFGNMZGKZM
Mgc Pharmaceuticals (LSE:MXC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mgc Pharmaceuticals (LSE:MXC)
Historical Stock Chart
From Jul 2023 to Jul 2024