Access Intelligence H1 sales up 10 pct; sees wider H1 loss due to investment

Date : 06/06/2008 @ 2:15AM
Source : TFN
Stock : Access Intelligence (ACC)
Quote : 2.5  0.0 (0.00%) @ 2:54AM
<< BackQuote Chart

 



Access Intelligence H1 sales up 10 pct; sees wider H1 loss due to investment

        LONDON (Thomson Financial) - Software and computer services company Access
Intelligence Plc. said sales rose 10 percent to 1.9 mln pounds in the first half
to May 31, 2008, meeting the management's expectations.
    However, the loss for the first half is expected to be slightly greater than
last year as a result of investment in the sales resource, the company said.
    The benefits of this investment have now begun to show through, with sales
in the second quarter up 20 percent from the first three months of 2008, Access
said.
    The group said it is in discussions for orders with a potential total value
2.4 times higher than at May 31, 2007.
    "Our success in converting these prospects will be the key driver of the
year's outcome," it said.
    Access had cash in excess of 500,000 pounds at the end of May.
    The company will announce its interim results on Aug 6.
tf.TFN-Europe_newsdesk@thomson.com
ak

COPYRIGHT

Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.

<< Back


Access Intelligence Historical Chart Access Intelligence Intraday Chart  
Period
noad


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
30 site:2us 081015 19:45 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )