Business
AGM Trading Statement
AGM Trading Statement.
About this update from Dillistone Group Plc
[{"type":"text","content":"\n \nRNS Number : 3154J Dillistone Group PLC 11 June 2014 \n \n\n11 June 2014\n \nDillistone Group Plc\n(\"Dillistone\" or the \"Group\")\nAGM Trading Statement\n \nAt the Annual General Meeting of Dillistone Group Plc, the AIM quoted supplier of software to the recruitment industry, which is being held at 10:30am today, Mike Love, Chairman of Dillistone, will make the following trading statement:\n \nIn my Outlook statement released as part of our preliminary announcement in April, we stated \"At this stage, while first half revenues are expected to be ahead of the equivalent period for 2013, it is anticipated that first half pre-tax profit will be below that delivered in 2013.\"\n \nWe continue to expect revenues to be ahead and operating profits to be slightly below those to 30 June 2013. In my Outlook statement I went on to explain that an increasing number of our clients were purchasing on the subscription model, particularly at our largest division, Dillistone Systems. \n \nDillistone Systems has continued to sign up new clients at a pleasing rate with a significant number of these being on the subscription model, meaning that they will have very little impact on our first half results but that they will provide improved visibility of revenues over the longer term.\n \nOur Voyager division sees a mixed performance across its product range, with new contract wins including both subscription and outright purchase contracts.\n \nThe Group remains confident of making further progress in the full year 2014 and anticipates making announcements regarding updates to its product range later in the year.\n \nContacts: \n \n\n\n\n\nDillistone Group Plc\n\n\n \n\n\n \n\n\n\n\nMike Love\n\n\nChairman\n\n\n020 7749 6100\n\n\n\n\nJason Starr\n\n\nChief Executive\n\n\n020 7749 6100\n\n\n\n\nJulie Pomeroy\n\n\nFinance Director\n\n\n020 7749 6100\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland Limited (Nominated adviser)\n\n\n \n\n\n \n\n\n\n\nChris Fielding\n\n\nHead of Corporate Finance\n\n\n020 7220 1650\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWinningtons\n\n\n \n\n\n \n\n\n\n\nTom Cooper / Paul Vann\n\n\n \n\n\n020 3176 4722\n\n\n\n\n \n\n\n \n\n\n0797 122 1972\n\n\n\n\n\n\n\n\n\n\nNotes to Editors: \nDillistone Group Plc (www.dillistonegroup.co...