Anite trading in line but upgrades unlikely, says analyst - UPDATE

Software group Anite saw shares fall on Friday morning despite saying that revenues and profits have been in line with expectations in the first half.

Software group Anite saw shares fall on Friday morning despite saying that revenues and profits have been in line with expectations in the first half.

The group, which provides software solution to wireless and leisure travel industries, say that trading conditions in the six months to October 31st have been "encouraging", with revenue and adjusted operating profits ahead of last year.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up
MoneyWeek

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.