Idox plummets after slower-than-expected first half

AIM-listed software group Idox saw shares drop sharply on Wednesday morning after the company's bottom-line guidance for the full year came in below analysts' expectations.

AIM-listed software group Idox saw shares drop sharply on Wednesday morning after the company's bottom-line guidance for the full year came in below analysts' expectations.

Idox, which provides software and services to the UK public sector and global engineering information markets, said that it has made underlying progress in all of its businesses in the first half ended April 30th but has faced a slower-than-expected six months.

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