Trading Update
(Thomson Reuters ONE) - 12 October 2009 Intec Telecom Systems PLC Trading updateIntec Telecom Systems PLC, a global provider of business supportsystems solutions, is pleased to report a positive trading update inadvance of its results for the year ended 30 September 2009.Sales in the second half of the year have been in line with ourexpectations with all regions performing well in a difficult globaleconomy. With the majority of revenues billed in either Euros or USdollars, the significant weakness of Sterling continues to benefitboth revenues and profits.In constant currency, gross margin has improved year on year which,together with the maintenance of operating expenses at a lowerpercentage of revenues when compared to FY08, is expected to resultin adjusted pre-tax profits* exceeding current market expectations.Cash generation has been especially strong and net cash was in excessof £70 million as at 30 September 2009.Preliminary results for the twelve months to 30 September 2009 willbe announced on 24 November 2009.*pre-exceptionals and the amortisation of acquired intangibles.For further information, please contact:Intec Telecom Systems PLC www.intecbilling.comAndrew Taylor, Chief Executive Officer +44 (0) 1483 745800Robin Taylor, Finance DirectorFinancial Dynamics +44 (0) 20 7831 3113Giles Sanderson / Juliet Clarke / Haya Herbert-BurnsAbout IntecIntec supplies solutions to over 60 of the world's top 100 telecomscarriers, and is one of the world's fastest growing suppliers ofBusiness Support Systems (BSS) solutions.Intec's 400 plus customers include AT&T, Antel, Cable & Wireless, TheCarphone Warehouse (UK), China Unicom, Deutsche Telekom, Eircom(Ireland), France Telecom, Hutchison 3G, O2, Orange, T-Mobile,Telefonica, Vodafone, Virgin Mobile, Vivo and Verizon. Intec worksclosely with its customers, many of whom have been with Intec sinceits inception, to add real value and ROI to their business byproviding the highest standards of performance, flexibility androbustness to help communications service providers service theircustomers effectively and profitably.* Retail billing and customer management* Multi-service mediation and activation* Inter-carrier billing settlements including US CABS and ITU-based settlement* End-to-end content partner management* Optimised wholesale routing and trading* Real-time pre/post-paid mediation and charging* Pre-integrated solutions for wholesale, wireless and core IMS charging functions*Founded in 1997, Intec is listed on the London Stock Exchange (ITL.L)and has over 1,600 staff and 31 offices in 24 countries. For moreinformation, visit the Intec website at www.intecbilling.com.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 12.10.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 6784
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