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SciSys

  • BY: Andrew Hore |
  • POSTED: 27/05/2010 |

IT services firm SciSys says it is continuing to trade in line with expectations.

Cash flow remains strong and there is a solid order book. There is some caution about UK public sector spending. More than 50% of business comes from outside of the UK but the UK public sector is an important part of the revenues.

SciSys says that its strong balance sheet and positive trading mean that it can continue with a progressive dividend policy.

At 46.5p a share, down 1p on the day, SciSys is valued at 13.5m.

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