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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cybit Hldgs | LSE:CYH | London | Ordinary Share | GB00B04QS651 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 73.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9987N CybIT Holdings PLC 28 July 2003 CYBIT HOLDINGS PLC ("Cybit" or the "Company") AGM STATEMENT At today's AGM of Cybit Holdings plc Neil Johnson, Chairman, will make the following statement: "I am pleased to report that, despite continued general softness in commercial markets, Cybit's start to the current financial year has been extremely satisfying. As indicated in the annual report, our first quarter revenues have continued to perform strongly and are expected to be slightly in excess of #2.1m. This is in line with market expectations and is a substantial increase over revenue of around #1m achieved during the same period last year. Performance in the first quarter encourages us to believe that our target of breaking into profit in the current year remains achievable. I am able to report that during the same period, orders received from new and existing customers have been particularly strong and the Company has achieved levels of growth which have nearly doubled our order intake compared with the same period last year. It is particularly pleasing that our developing strategic partnerships, in particular Lex Vehicle Leasing, have made a substantial contribution to this growth and we now enter our second quarter with a strong order book. Cybit is also in final contractual negotiations with a number of strategic reseller partners, further details of which we expect to announce in due course. Development of an effective reseller channel will provide Cybit with new routes to market and is a key component of the Company's strategy to develop revenue streams from indirect sources. Finally, I should like once again to thank Richard Horsman our Chief Executive, his team and my colleagues on the plc board for all their hard work in continuing the success of your Company in the current year." Enquiries: Richard Horsman Chief Executive, Cybit 01480 389 100 Holdings Plc Jonathon Brill/Charlotte Bell Pottinger Financial 020 7861 3232 Kirkham This information is provided by RNS The company news service from the London Stock Exchange END AGMUVABRORRBUAR
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