Business
Half Yearly Report
Half Yearly Report.
About this update from Ingenta Plc
[{"type":"text","content":"\n \nRNS Number : 0745K Publishing Technology PLC 25 July 2013 \n \n\nPublishing Technology plc interim results\n \nPublishing Technology plc (AIM: PTO), (\"Publishing Technology\" or the \"Group\") the AIM quoted leading provider of publisher content systems, audience development and content delivery applications, today announces its unaudited interim results for the six months to 30 June, 2013.\n \nFinancial Highlights\n· Group revenues up 8% to £8.49m (2012: £7.86m)\n· Gross Profit up 8% to £2.91m (2012: £2.69m)\n· EBITDA up 113% to £0.65m (2012: £0.31m)\n· Net profit up £0.56m to £0.39m (2012: loss of £0.17m)\n· Earnings per share of 4.58p (2012: loss per share of 2.03p)\n \nOperational Highlights\n· Two sales of advance applications, one of which is to Egmont (one of the world's largest publishing brands which owns the rights to Barbie™, Spiderman and Tintin)\n· Go live of advance modules for Thieme and Rosen\n· Significant progress with the global rollout of advance Product Manager for HarperCollins\n· Sale of first e-books platform on pub2web\n· Nearing completion of the two largest pub2web implementations so far\n· Better than anticipated FSR sales\n \nGeorge Lossius, Chief Executive of Publishing Technology, commented:\n \n\"After many years of sustained investment in our new products; advance and pub2web, revenues are now beginning to build as the pipeline strengthens and recurring revenue increases as more projects go live.\n \nThe first half of 2013 has seen an increase in revenues in all divisions of the Group, not only in new products, but also in our mature products (ingentaconnect and Vista) and in our PCG division where sales in our full service representation (FSR) group have been higher than anticipated.\n \nAs a result, we remain on track to meet market expectation.\"\n \n \nNotes to Editors:\nPublishing Technology is the world-leading provider of content solutions that transform business. We cover the publishing process from end to en...