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Home arrow Eckoh News arrow Latest arrow Interim results for the six months ended 30 September 2006
Interim results for the six months ended 30 September 2006    28/11/06 Print E-mail

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Half-year highlights:
Turnover from continuing operations increased by 91% to £46.8m (H1 2005/6 - £24.4m)
Adjusted PBT increased from £0.8m to £1.0m and continuing operations PBT increased to £0.4m from a loss of £0.2m*
Cash and short term investment balances total £16.4m (H1 2005/6 - £12.5m)
£11.0m proceeds from the disposal of the holding in Symphony Telecom Holdings plc, generating £8.2m profit

Operational highlights:
Speech revenues increased by 30% to £3.0m (H1 2005/6 - £2.3m)
New ITV contract led to 141% increase in Client IVR revenue to £38.8m (H1 2005/6 - £16.1m)
Strong new business generation in the first six months of trading, notable wins include:
- Contract renewal with Vue Cinemas until July 2009 and new contact centre contract
- 5 year contract win with AXA PPP healthcare; expected to go live in early 2007
- 3 year contract with BAA for automated flight information from major UK airports
Appointment of Nik Philpot as Chief Executive Officer

Nik Philpot, Chief Executive Officer, commented today:
”The first six months of trading has significantly out-performed expectations and the good levels of new business generation combined with a traditionally strong second half means our overall prospects are excellent.  As a Board we remain extremely confident in the outlook for our core business and totally committed to maximising shareholder value by ensuring all our assets receive the required value they deserve.” 

For further enquiries, please contact:
Eckoh plc  
Nik Philpot, Chief Executive Officer
Adam Moloney, Group Finance Director
Tel: 01442 458 300
   
Buchanan Communications  
Mark Edwards/Jeremy Garcia/Robin Haddrill
Tel: 020 7466 5000 

Corporate Synergy 
John Prior/Brian Stockbridge
Tel: 020 7448 4400

 
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