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CAD Cadogan Energy Solutions Plc

2.15
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cadogan Energy Solutions Plc LSE:CAD London Ordinary Share GB00B12WC938 ORD 3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.15 2.00 2.30 2.15 2.15 2.15 0.00 08:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drilling Oil And Gas Wells 7.55M 1.26M 0.0052 4.13 5.25M

AGM Trading Statement

12/07/2000 8:00am

UK Regulatory


RNS Number:6961N
Cadcentre Group PLC
12 July 2000
                                                        

                      CADCENTRE GROUP PLC
                               
                    ANNUAL GENERAL MEETING
                               
                  POSITIVE TRADING STATEMENT

At  the Annual General Meeting later today of Cadcentre  Group
plc   ('Cadcentre'),   the  Cambridge  headquartered   leading
provider of engineering IT solutions for the process and power
industry,  shareholders will be updated on current trading  by
Richard King, Chairman :

'Over  the past 15 months, Cadcentre has implemented a  series
of  strategic  and  tactical actions to  broaden  the  group's
product  and service offering, taking it more deeply into  the
engineering  IT  activities of its major 'blue chip'  clients.
This resulted in strong growth in both revenue and profit last
year.   I  am  pleased to report that this momentum  has  been
maintained during the first quarter of the current year.

'Highlights  of  the first quarter include two large  software
orders  worth  a  total of US$1.1 million  from  customers  in
Mexico  and  the  USA,  a  strong  sales  performance  in  the
Asia/Pacific  region  and continuing  progress  in  developing
Cadcentre's  services activities which includes  the  contract
with Halliburton Company for in excess of US$1 million.

'We  are  encouraged by the strong performance  in  the  first
quarter  whilst  recognising  the  usual  importance  of   the
contribution to profit of the last few months of our financial
year.'
                               
                               
Richard  Longdon, Chief Executive; or John Dersley,  Finance
Director on 01223-556655

Steve  Liebmann or Richard Darby at Buchanan Communications
on 0171-466 5000


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