FDM Group FY pretax up; says 2008 started positively, optimistic of FY outcome

Date : 03/11/2008 @ 4:57AM
Source : TFN
Stock : Fdm Group (FDMG)
Quote : 70.0  0.0 (0.00%) @ 1:00AM
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FDM Group FY pretax up; says 2008 started positively, optimistic of FY outcome

        LONDON (Thomson Financial) - FDM Group PLC reported a higher full-year
pretax profit, reflecting its "margin-focused" sales policy.
    It said 2008 has started positively, with business "firmly on track", adding
that it was optimistic of a favourable full-year outcome.
    The IT services business' pretax profit for the year to Dec 31 2007 rose to
4.25 mln stg from 2.78 mln in the previous year, on a 12 pct rise in revenues to
49.83 mln stg.
    FDM's full-year adjusted pretax profit, excluding IFRS2 share-based payment
charges, rose by 51 pct to 4.40 mln stg.
    FDM declared a final dividend of 1.9 pence per share, taking the total
dividend to 2.7 pence, up from 1.9 pence in 2006.



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