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Sanderson Group

  • BY: Andrew Hore |
  • POSTED: 30/04/2012 |

Enterprise software provider Sanderson Group says that revenues from continuing operations will be more than 6m in the six months to March 2012.

Operating profit will be around 800,000. This excludes the Sanderson RBS high street retail software and hardware business sold to Torex at the end of 2011. Sanderson received 11.5m and has subsequently been paid a further 250,000. This left Sanderson debt free.

The order book has increased by 30% over the six months to March 2012. Order intake was 10% higher than the first half of 2010-11, with ecommerce software order intake 25% ahead. 

The interim dividend will be increased from 0.3p a share to 0.5p a share and the total for the year will be 1.2p a share.

At 40.5p a share, up 5.25p, Sanderson is valued at 17.6m.

Interim figures will be published on 15 May.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2012_31.pdf

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