Overnight we increased the availability and quality of management information by at least ten-fold. The systems are already changing the way we do business to serve the customer better. We now know that our peak lunch time trading time is between 11 am and 1pm, so we can adapt staffing levels to match. Service is what our business is all about.
Sanderson Group Plc - Interim Results
Revenues up 60%; EPS up 46%; increased dividend
Sanderson Group plc (‘Sanderson’ or ‘the Group’), the software and IT services business specialising in the multi-channel retail and manufacturing markets in the UK and Ireland, announces Interim Results for the six months ended 31 March 2008.
Highlights
- Revenue up 60% to £13.0m (2007: £8.1m)
- Adjusted* result from operating activities up 43% to £2.0m (2007: £1.4m)
- Result from operating activities up 75% to £1.4m (2007: £0.8m)
- Basic earnings per share from continuing operations up 46% to 1.9p (2007: 1.3p)
- Increased interim dividend per share of 1.2p (2007: 1.15p)
- 80% of gross profit derived from sale of Sanderson software & services
- Multi-channel retail business accounted for 74% of Group revenue
* Before amortisation of acquisition related intangibles and share based payment charges.
Commenting on the results, Chairman, Christopher Winn, said:
“The Group has made good progress in the six months to 31 March 2008, with strong growth reflecting the acquisitions made in the previous financial year and continued progress with the existing business. We are now well positioned as a leading supplier to the multi-channel retail market.”
On current trading and prospects, Mr Winn, added:
“As experienced in previous years, we expect a stronger trading performance in the second half year and current levels of interest in the Group’s solutions support this view. The comprehensive range of Sanderson products, offering demonstrable return on investment to retailers and manufacturers, provides confidence that the Group is well placed to deliver both organic and acquisition-led growth.”
Contacts
Christopher Winn, Executive Chairman Telephone: 02476 555466
David O’Byrne, Managing Director Telephone: 01709 787787
Adrian Frost, Finance Director Telephone: 02476 555466
Paul Vann, Winningtons Financial Telephone: 01179 200092
Multi-channel sales solutions
Delivering results
Manufacturing solutions.
Achieving competitive advantage
Get in touch
Email Sanderson,
request a call back
or call us on
024 7655 5466.