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Publishing Technology

  • BY: Andrew Hore |
  • POSTED: 03/08/2011 |

Publishing Technology believes that investment in new products and markets will pay off in 2012.

The publishing software and services provider reported flat revenues of £7.43m in the six months to June 2011, but profit before restructuring costs fell from £274,000 to £240,000. However, there was a swing from a foreign exchange gain of £50,000 to a loss of £80,000. There was a cash inflow from operations in the first half of 2011. Net debt was £2.12m at the end of June 2011. 

Publishing Technology is in the process of setting up a joint venture in China.

At 56p a share, Publishing Technology is valued at £4.71m.

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