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
-
Wage growth in UK jumps ahead of inflationLatest job market data from the ONS shows that wages grew faster than inflation from September to November, but also reveal a worrying rise in unemployment rates
-
Transformed companies displaying momentum and top-quality growthAlex Savvides, manager of Jupiter UK Dynamic Equity Fund, highlights three companies as he tells us where he'd put his money
