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Atlantic Global
- BY: Andrew Hore |
- POSTED: 14/07/2008 |
Atlantic Global say interim profits will be higher.
The resource management software developer says that turnover for the six months to June 2008 will be flat at £1.1m but profits will almost treble from £72,000 to at least £200,000. Net cash will be more than £2m at the end of June.
The shares rose 1p to 17.5p,valuing Atlantic at £4m.
New customers include Aim-quoted GETECH Group and Netstore. Atlantic believes that it is “well placed to deliver further significant profits growth in 2008”.
An interim dividend of at least 0.25p a share is planned.
The interim figures will be released on 23 September.
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