News blog
ILX Group
- BY: Andrew Hore |
- POSTED: 19/07/2010 |
- COMMENTS: Add yours
First quarter revenues and profits are substantially ahead of last year at e-learning software provider ILX Group.
The international business is the star with 60% growth in revenues during the period. The Australian business has quadrupled first quarter revenues to A$500,000. An Oman contract worth £200,000 has been won for this year.
The best practice division has increased revenues by 10% and also improved operating margins. The finance training division has cut costs and work is picking up.
At 23.5p a share, up 2p on the day, ILX is valued at £5.54m.
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