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Home arrow Investor Relations arrow RNS Announcements arrow 2005 arrow Half-Year Results for the six months ended 30 September 2005
Half-Year Results for the six months ended 30 September 2005    28/11/05 Print E-mail
Half-year highlights:

  • Group turnover increased by 40% to £55.0m (H1 2004/5 - £39.4m)
  • Adjusted PBT increased to £0.9m from £0.2m (Profit before taxation £1.2m (H1 2004/5 - loss £1.0m))
  • Retained Profit of £1.0m (H1 2004/5 - loss £1.1m)
  • Cash and short-term investment balances total £12.5m
  • Flotation of Symphony Telecom Holdings plc on AIM

Operational Highlights:

  • Speech Alliance with BT extended until 2010
  • New Speech contract wins with Scottish Power, Her Majesty’s Court Service and Probability Games Corporation and renewals with TD Waterhouse and William Hill
  • Journey Finder voted “Product of the Year 2005” at this year’s European Call Centre Awards
  • Ongoing strategic review of the Eckoh Group designed to unlock long-term shareholder value

Martin Turner, Chief Executive Officer, commented today:

“Our annual turnover run-rate now comfortably exceeds £100m for the first time. Interim gross profit increased 21%, profit before tax (excluding goodwill and exceptional items) was £1.2m, and the group delivered a net profit of £1.0m. All areas of the group continue to make good progress.

We see more growth ahead, and are continuing with our strategic review designed to deliver long-term shareholder value. Current trading indicates further improvements in financial and operating performance in the second half of the financial year, and we remain confident about Eckoh’s future prospects.”
 
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