Trading Statement
(Thomson Reuters ONE) - FOR IMMEDIATE RELEASE3 November 2009 Intellego Holdings plc ("Intellego" or "the Company") Trading statementIntellego, the AIM traded eLearning and compliance coursewaresolutions business, today provides the following trading statementfor the first half of the year together with prospects for the secondhalf.H1Half year to 30 September - trading in the first half was impacted bythe time taken to complete negotiations and sign larger orders, insome cases it has taken more than four months. This has resulted insales in the first half being lower than last year approximately£850,000 (2008: £1,100,000) and in a higher loss than anticipated.Prospects for H2Last month we reported a significant contract win which, theDirectors believe, combined with the factors outlined below shouldenable the Company to recover the H1 sales in the second half; andfor the year to show overall sales growth albeit at a slower ratethan previous periods.Securing other orders delayed from H1,Strong sales prospect pipeline and results from the improvements wehave been making to our sales and marketing, referred to in the AGMstatement, andIncreased recurring revenues,Angus Forrest, Chairman of Intellego Holdings, commented:"The first half was challenging but we have started the second halfwith several significant new contract wins, including that of BPP,and remain confident about the Company's future prospects."It is anticipated that the interims will be published at the end ofNovember. --END--Intellego Holdingsplc Tel:0845 0583960Angus Forrest / Ranjit Roy ChoudhuriBeaumont Cornish Limited Tel: 020 7628 3396Roland CornishBishopsgate Communications Limited Tel:020 7562 3350Maxine Barnes / Robyn Samuelson / Siobhra Murphyintellego(at)bishopsgatecommunications.com---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 03.11.2009 - 08:03 Uhr
Sprache: Deutsch
News-ID 7812
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