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.
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
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.
NR
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
