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Access Intelligence Share News (ACC)



Share News for Access Intelligence (ACC)


Share Price: 3.50Bid: 3.25Ask: 3.75Change: 0.00 (0.00%)No Movement on Acc.int.
Spread: 0.50Spread as %: 15.38%Open: 3.50High: 3.55Low: 3.25Yesterday’s Close: 3.50




Access Intelligence H1 pretax loss widens UPDATE

Wed, 6th Aug 2008 08:30

LONDON (Thomson Financial) - Access Intelligence Plc. said its pretax loss for the first half
widened, adding that it is in talks on the possible sale of some of its businesses.

The company also announced that its chief executive Brendan Austin will step down due to health reasons.

For the six months ended May 31, the company's pretax loss widened to 118,000 pounds compared with 88,000 pounds last year.

The company said its turnover from continuing operations was up 20 percent at 672,000 pounds.

Access Intelligence said it plans to use the proceeds from the sale of some of its businesses to support the expansion of the software businesses.

There have been no fundamental change in trading in the eight weeks since the end of the half year and the sales pipeline remains strong, the company said.

TFN.newsdesk@thomson.com

ndi/ra/ndi/ra

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