Enterprise software provider Sanderson Group has made an encouraging start to the year and it says that it will be increasing its annual dividend from 0.75p a share to 1.2p a share.
New products have increased competitiveness and improved trading. Sanderson intends to increase its presence in the online and catalogue markets. Order intake is 10% ahead of the same time the previous year.
The disposal of electronic point of sale systems provider Sanderson RBS means that Sanderson has net cash.
Growth will come from new products and services but Sanderson is also considering acquisitions.
At 37.5p a share, Sanderson is valued at £16.3m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2012_30.pdf
© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.