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.

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."

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up