Business
Pre-close Trading Update
Pre-close Trading Update.
About this update from Aptitude Software Group Plc
[{"type":"text","content":"\n RNS Number : 1354Z Microgen PLC 10 January 2011 \n \n\nmicrogen\nwww.microgen.com\n \n 10 January 2011\n \nPRE-CLOSE TRADING UPDATE\n \nMicrogen plc ('Microgen' or 'the Group') provides a pre-close trading update for the year ended 31 December 2010.\n \nThe performance of the Group has continued to be strong and ahead of the Board's expectations. As a result, the Board now anticipate, subject to audit, to report revenue in excess of £33 million and operating profit before intangible amortisation and exceptional items in excess of £8 million. Growth in the revenue of the Microgen Aptitude Solutions Division in 2010 was in excess of 40%. The Group's gross cash balance at 31 December 2010 was £25.4 million and net funds of £23.5 million, after returning £6.2 million to shareholders via the tender offer which completed in September.\n \nThe Board anticipate issuing the preliminary results in late February.\n \n \n \nContacts\nMartyn Ratcliffe, Chairman 01252-772300\nDavid Sherriff, Chief Operating Officer\nPhilip Wood, Group Finance Director\n \nJames Melville-Ross, Financial Dynamics 020-7831-3113\nHaya Herbert-Burns, Financial Dynamics\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END TSTBLGDBLSGBGBR \n ","length":2940,"tagName":"div"}]