Imaginatik shrinks losses

Shares of management software group Imaginatik jumped 6% after it more than halved half year pre-tax losses and said it was confident for the second half.

Shares of management software group Imaginatik jumped 6% after it more than halved half year pre-tax losses and said it was confident for the second half.

The group, whose clients include World Bank, Pfizer and Kellogg, said loss on ordinary activities before taxation reduced to £492,000 in the six months to 30 September from a loss of £1.4m the year before. Revenues for the period rose 10% to £1.62m.

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