Delcam raises guidance
AIM-quoted software solutions developer Delcam expects full-year pre-tax profit to be ahead of current market expectations of £2.8m after a strong first half performance.
AIM-quoted software solutions developer Delcam expects full-year pre-tax profit to be ahead of current market expectations of £2.8m after a strong first half performance.
The firm, which saw record revenues in the first six months of 2011, said trading in the second half of the year began well and the fourth quarter to date has been good.
Sales for the full year are expected to be around £40m, setting a new high for the company.
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All Delcam's major trading regions have contributed to the strong performance to date, with the company's performance in Germany being especially pleasing.
The company said its financial position remains very strong.
The share price rose 5.14% to 562.5p by 14:41.
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