News blog
GETECH Group
- BY: Andrew Hore |
- POSTED: 30/07/2012 |
WH Ireland has upgraded its 2011-12 profit forecast for geological information and services provider GETECH Group from £900,000 to £1.1m following its latest trading statement.
This is the second upgrade this year and the profit forecast for the year to July 2013 has been increased from £950,000 to £1.21m.
GETECH says that its revenue visibility has improved thanks to new multi-year global publications and cash balances were stronger than anticipated at the end of July 2012.
At 28.75p a share, up 4.5p, GETECH is valued at £8.41m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJuly2012_34.pdf
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