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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Chelford | LSE:CHR | London | Ordinary Share | GB00B02TW537 | ORD 100P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 207.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4701A Chelford Group PLC 19 July 2007 FOR IMMEDIATE RELEASE 19 July 2007 Chelford Group plc PERIOD-END TRADING STATEMENT Chelford Group plc ("Chelford" or "the Group"), the IT solutions group, today provides an update on its trading performance for the six months to 30 June 2007. Chelford is pleased to report that the overall operating profit for the first half of 2007 is significantly ahead of the same period in 2006 and also shows an improvement on the second half of 2006. The Chelford SAP Solutions division has moved firmly into profit with improving margins as the half year progressed. Chelford SAP Solutions continues to achieve good organic growth and the new business pipeline is substantially stronger than at the same time last year. Revenue for the Chelford Solutions division was little changed from the same period last year. Profitability in this division was held back during the half year by increased investment within the Microsoft solutions business and in additional sales capacity. However an increase of 43% in order intake for Chelford Solutions gives confidence for an improvement in performance during the second half. Chelford continues to generate cash; the net cash balance as at 30 June 2007 was #1.76 million. The Board anticipates a satisfactory outcome for the full year in line with the Board's expectations. ENDS For further information, please contact: Trevor Lewis, Chief Executive 01256-685400 Mark Taylor, Charles Stanley 020-7149-6000 Securities Steve Liebmann, Bankside 020-7367-8883 or 07802-888159 About Chelford Chelford Group plc, the IT solutions group is headquartered in Basingstoke, Hampshire and its shares are quoted on AIM ( stock code: CHR). Chelford provides specialist systems solutions for its target markets based upon its own IPR, SAP, Microsoft and RFID technologies. This information is provided by RNS The company news service from the London Stock Exchange END TSTSFWFLASWSELW
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