Half year revenue up 20 per cent at IPPlus

Revenue increased 20 per cent to 687,000 pounds in the six months ending December 31st, compared to the corresponding period in the previous year at contact centre operator IPPlus.

Revenue increased 20 per cent to 687,000 pounds in the six months ending December 31st, compared to the corresponding period in the previous year at contact centre operator IPPlus.

The group's interim results for the six months ending December 31st showed that pre-tax profit declined slightly to £174,732 compared to £179,959 in the comparable period in 2011.

Post-tax profit was also down to £186,142 compared to £210,003 in the comparable period a year earlier.

An outlook statement issued by the company stated: "The board is pleased with the group's development in the six months to December 31st 2012 which was achieved in difficult business conditions. The board looks forward to reporting further progress."

IPPlus' share price was up 2.21% to 17.38p at 08:13 on Friday morning.

MF

Recommended

Share tips of the week – 21 January
Share tips

Share tips of the week – 21 January

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
21 Jan 2022
Seven cheap defence stocks to buy now
Share tips

Seven cheap defence stocks to buy now

We’ve got used to a world without war between major powers, but that era is coming to an end as Russia threatens Ukraine and China eyes Taiwan. Buy de…
21 Jan 2022
Invest in VCTs: tax-free investments set to break records
Investment strategy

Invest in VCTs: tax-free investments set to break records

Generous tax breaks make VCTs – venture capital funds – an attractive supplement to pensions.
21 Jan 2022
HubSpot: a tech stock set to tumble
Trading

HubSpot: a tech stock set to tumble

US tech stocks have had a fantastic couple of years. But this year is unlikely to be so bullish for high-fliers that can’t turn big profits.
18 Jan 2022

Most Popular

Ask for a pay rise – everyone else is
Inflation

Ask for a pay rise – everyone else is

As inflation bites and the labour market remains tight, many of the nation's employees are asking for a pay rise. Merryn Somerset Webb explains why yo…
17 Jan 2022
Temple Bar’s Ian Lance and Nick Purves: the essence of value investing
Investment strategy

Temple Bar’s Ian Lance and Nick Purves: the essence of value investing

Ian Lance and Nick Purves of the Temple Bar investment trust explain the essence of “value investing” – buying something for less than its intrinsic v…
14 Jan 2022
Interest rates might rise faster than expected – what does that mean for your money?
Global Economy

Interest rates might rise faster than expected – what does that mean for your money?

The idea that the US Federal Reserve could raise interest rates much earlier than anticipated has upset the markets. John Stepek explains why, and wha…
6 Jan 2022