Anite making good progress in first half
FTSE 250 software group Anite said that trading during the first half has been 'encouraging', with revenue and adjusted profits growing in line with the board's expectations.
FTSE 250 software group Anite said that trading during the first half has been 'encouraging', with revenue and adjusted profits growing in line with the board's expectations.
Group adjusted profit before taxation is expected to be ahead of the same period last year, helped by lower finance charges in the first half, following the settlement of outstanding term loans in the prior-year period.
Chief Executive Christopher Humphrey said: "The group has had a good first half. Reflecting their strong market positions, each of our businesses is making good progress despite the macro-economic climate. We enter the second half encouraged by the opportunities we see in our pipeline and confident in our ability to deliver sustainable growth."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
73% of savers plan to rely on partner’s pension in retirement
A new survey suggests the majority of people may lack financial independence in retirement, with almost three-quarters set to rely on their partner’s pension
-
How much you need to follow the 25x retirement rule – will you have enough to be financially independent?
We explain what the 25x retirement rule is and the amount you would need to be financially independent in retirement.