Business
Interim Results and Directorate Change
Interim Results and Directorate Change.
About this update from Roebuck Food Group Plc
[{"type":"text","content":"\n \n RDF Group PLC \n\n (\"RDF\" or \"the Group\") \n\n Interim Results and Directorate Change \n\nRDF Group plc (AIM: RFG), the I.T. services group, with offices in Brighton,\nBristol, Edinburgh and London, today announces its unaudited interim results\nfor the six months to 30 September 2008.\n\nKey Points\n\n * Revenue increased 8.4% to £15.975m (2007: £14.735m)\n \n * Operating profit, before aborted sale costs, is £0.402m (2007: £0.136m)\n \n * Operating profit is £0.348m (2007: £0.136m)\n \n * Profit for the period attributable to the equity shareholders of the parent\n company is £0.157m (2007: £0.020m)\n \n * Earnings per share 1.51p (2007: 0.19p)\n \n * Cash generated from operations is £0.830m (2007: Cash utilised by\n operations £0.717m)\n \n * Net assets per share are 23.13p (2007: 22.32p)\n \n * Managed Services division returned to profit, contributing £0.222m (2007:\n loss £0.541m) with strong growth in revenues: £6.887m (2007: £4.507m)\n \nIn addition, RDF announces that Jim Carr, Chairman, has resigned from the board\nof directors with effect from today. Robert Weir, who joined the board as a\nnon-executive director in August 2008, will take over the role as Chairman with\nimmediate effect. The board extends its best wishes to Mr Carr for the future\nand wishes to record its thanks for his contribution to the company.\n\nFor further information, please contact:\n\nRDF Group plc David Wood 01273 200100 \n \nSmith & Williamson Corporate Azhic Basirov/Siobhan 020 7131 4000 \nFinance Sergeant \n\nEditor's Notes\n\nFounded in 1994, RDF Group plc is a company specialising in IT related business\nsolutions for a wide range of organisations. From a standing start, the company\ncurrently has a turnover in excess of £30 million and this has more than\ntrebled in the last three trading years, mainly through organic growth.\n\nRDF is divided into several areas of expertise, with two areas dominant. RDF's\nManaged Services division (encompassing software development and testing\nservices and data management solutions) and Recruitment Services are key areas\nof growth, where a strategy of long-term investment is boosting both\nproductivity and profits.\n\n \n\nRDF Group is very proud to include Northern Rock, Visa, American Express,\nNational Australia Group and Sky TV amongst their clients as well as a ra...