News blog
Focus Solutions
- BY: Andrew Hore |
- POSTED: 30/07/2008 |
Focus Solutions says that trading is significantly ahead of last year.
The consumer facing financial software systems developer also stated at its AGM that there has been no deterioration in new business enquiries. It believes that the need to keep up with regulatory requirements will help demand for its software. Trading is in line with expectations.
Focus plans to reorganise its structure so that it can pay a dividend.
Earlier in July, Azini Capital Partners increased its stake in Focus from 26.9% to 27.5%.
Focus shares rose 1p to 26p. House broker Daniel Stewart forecasts earnings per share of 7.8p for the year to March 2009, rising to 8.4p for 2009-10. That puts the shares on less than four times earnings for this year and little more than three times earnings for next year.
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