& cplSiteName &

Anite Makes £8.2M in H1

Light Reading
News Wire Feed
Light Reading
12/4/2012
50%
50%

LONDON -- Anite plc ("Anite" or "the Company" or “the Group”), the leading provider of software solutions to the international wireless and leisure travel industries, today announces its half year results for the six months ended 31 October 2012.

Financial highlights (adjusted):

  • Revenue up 9% to £61.2m (2011: £56.2m)
  • Operating profit up 21% to £14.3m (2011: £11.8m)
  • Operating margin up 2.4% points to 23.4% (2011: 21.0%)
  • Profit before tax up 30% to £14.3m (2011: £11.0m)
  • Diluted earnings per share up 31% to 3.4p (2011: 2.6p)
  • Net cash of £16.8m (October 2011: £12.6m; April 2012: £16.9m)
  • Interim dividend up 53% to 0.575p per share (2011: 0.375p per share)

    Statutory results:
  • Revenue from continuing operations of £61.2m (2011: £56.2m)
  • Operating profit from continuing operations of £11.3m (2011: £8.8m), after:
    – share based payments charge of £1.8m (2011: £1.0m)
    – amortisation of acquired intangible assets of £1.2m (2011: £2.0m)
  • Profit from continuing operations before tax of £11.3m (2011: £8.5m)
  • Profit for the period of £8.2m (2011: £6.0m)
  • Basic earnings per share 2.9p (2011: 2.1p); diluted earnings per share 2.7p (2011: 1.9p)

    Operating highlights:
  • Group orders:
    – Closing order book £107.2m (31 October 2011: £92.5m; 30 April 2012: £114.5m)
    – Order intake down 15% to £53.9m (2011: £63.8m) reflecting very strong comparative period
    – Book to bill ratio 0.9 (2011: 1.1)
  • Wireless:
    – Strong demand in Handset Testing for Interoperability Testing and LTE 4G
    – Network Testing seeing growing momentum with Invex and LTE 4G products
  • Travel:
    – First Thomas Cook @com phase delivered and now live
    Anite plc

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
    Flash Poll
    Upcoming Live Events
    June 26, 2018, Nice, France
    September 12, 2018, Los Angeles, CA
    September 24-26, 2018, Westin Westminster, Denver
    October 9, 2018, The Westin Times Square, New York
    October 17, 2018, Chicago, Illinois
    October 23, 2018, Georgia World Congress Centre, Atlanta, GA
    November 7-8, 2018, London, United Kingdom
    November 8, 2018, The Montcalm by Marble Arch, London
    November 15, 2018, The Westin Times Square, New York
    December 4-6, 2018, Lisbon, Portugal
    All Upcoming Live Events
    Hot Topics
    What VeloCloud Cost VMware
    Phil Harvey, US News Editor, 5/21/2018
    Verizon CEO Says LA Is Second 5G City
    Dan Jones, Mobile Editor, 5/16/2018
    TM Forum Sea-Change Overcomes That Sinking Feeling
    Iain Morris, News Editor, 5/17/2018
    Animals with Phones
    Live Digital Audio

    A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

    Like Us on Facebook
    Twitter Feed