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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intechnology | LSE:ITO | London | Ordinary Share | GB0001388932 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3291L InTechnology PLC 21 April 2005 21 April 2005 InTechnology plc Year end trading update and Change of CEO The Board of InTechnology plc issues the following trading update after the end of its fourth quarter to 31 March 2005: Trading volumes, revenues and margins across the Specialist Distribution division are in line with the expectations outlined by the Company in January. The Managed Services division has, as expected, recorded operating profits during the second half-year and performance remains in line with expectations. In the fourth quarter InTechnology renewed its financing arrangements with IBM and is pleased to announce that Royal Bank of Scotland is now providing working capital finance to the Group jointly with IBM. The full year results for InTechnology are expected to be published in early June. The Board also announces that Peter Wilkinson, founder and Executive Chairman, will become Chief Executive Officer following the resignation of Charles Cameron, who leaves with immediate effect to pursue other interests within the IT industry. The Rt. Hon. Lord Parkinson, non-executive President, becomes non-executive Chairman of the company. Peter Wilkinson commented: "On behalf of the Board, I'd like to thank Charles for his contribution to the business over the past three years. I'm looking forward to the challenge of taking the helm once more." Enquiries: InTechnology plc: Peter Wilkinson, Chief Executive Officer Tel: 01423 877443 Andrew Kaberry, Financial Director Tel: 01423 877442 Financial Dynamics: James Melville-Ross / Juliet Clarke Tel: 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange END TSTVBLFLEZBZBBK
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