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SYS Sysgroup Plc

20.00
0.00 (0.00%)
31 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sysgroup Plc LSE:SYS London Ordinary Share GB00BYT18182 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% 20.00 19.00 21.00 20.00 19.35 20.00 0.00 08:00:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 22.71M -5.9M -0.0709 -2.82 16.65M

Daily Internet PLC Pre Close Trading Update and Notice of Results (8289F)

30/04/2014 7:00am

UK Regulatory


Sysgroup (LSE:SYS)
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TIDMDAIP

RNS Number : 8289F

Daily Internet PLC

30 April 2014

30 April 2014

Daily Internet plc

("Daily Internet" or "the Group")

Pre-close Trading Update and Notice of Results

Daily Internet plc (AIM:DAIP), the hosting and cloud infrastructure as a service ("IaaS") provider, is pleased to provide a pre-close trading update for the year ended 31 March 2014 ahead of the announcement of its full year results in June 2014.

The Board reports that Daily Internet has achieved an adjusted EBITDA (1) and adjusted Profit Before Tax (2) for the year ended 31 March 2014 slightly ahead of market expectations.

These results only reflect a four and a half month contribution from Netplan Internet Solutions Limited ("Netplan") following the completion of its acquisition on 18 November 2013. As previously announced on 31 March 2014, Netplan's revenue growth since its acquisition has been ahead of management's internal expectations following new customer wins and increases in contract sizes with existing customers, and this trend has continued following the year end.

In addition, the existing Daily Internet branded business continued to deliver modest organic growth in the year, with this trend also ongoing into the current financial year, and Namehog Limited ("Namehog") traded profitably following its acquisition in January 2014 and continues to show good organic growth.

The Group is currently trading profitably on a month-by-month basis and the Group expects to announce its full year results for the year ended 31 March 2014 on 30 June 2014.

For further information please contact:

 
 Daily Internet plc 
  Abby Hardoon, Managing Director 
  Michael Edelson, Chairman                         +44 (0)161 975 5757 
 
 Sanlam Securities UK Limited (Nominated Adviser 
  and Joint Broker) 
  Simon Clements/Catherine Miles                    +44 (0)20 7628 2200 
 
 Loeb Aron & Company Limited (Joint Broker) 
  Dr Frank Lucas/Peter Freeman                      +44 (0)20 7628 1128 
 
 Walbrook PR Limited 
  Bob Huxford/Guy McDougall                         +44 (0)20 7933 8780 
 

(1) adjusted EBITDA means earnings before interest, tax, depreciation, amortisation, share based payment charges and acquisition related costs.

(2) adjusted Profit Before Tax means profits before tax, share based payment charges, amortisation of acquired intangible and acquisition related costs.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFIRSAIAFIS

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