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eg solutions
- BY: Andrew Hore |
- POSTED: 21/01/2008 |
Operations management software company eg solutions will report a loss for the year to January 2008.
There had been expectations of a return to profit for the full year. Costs have been cut but revenues are lower than forecast. That is because revenues that were expected to fall into the current financial year won’t be recognised until the year to January 2009.
Management says there is increasing interest in its software and services but it needs to show that it can turn this into revenues.
The shares slumped 5p to 12.5p.
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