Revenue rises at ILX
AIM listed e-learning software and business training provider ILX said it is confident trading for the year ended 31 March 2012 will meet market expectations.
AIM listed e-learning software and business training provider ILX said it is confident trading for the year ended 31 March 2012 will meet market expectations.
Increased revenue is expected to give an operating profit of around £1m.
In a company update ILX said, "Despite the continued challenging market conditions, especially in the UK, ILX has experienced overall revenue growth due to the strength of its overseas operations."
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
ILX said it continues to focus on developing its e-learning digital capability and the building of recurring revenue streams from its software products.
"This is allied to its strategy of international expansion where the Company continues to see steady growth, principally in Australasia and the Middle East, where significant new contracts have been won," it added.
CJ
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
'Angela Rayner taking charge of government policy is a frightening prospect for UK economy'
Opinion Deputy prime minister Angela Rayner is making moves to change the direction of our government. That should terrify us all, says Matthew Lynn
-
What Disney tells us about how we draw investment conclusions