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Elec.data Proc. Share News (EDP)
Share News for Elec.data Proc. (EDP)
| Share Price: 62.00 | Bid: 60.00 | Ask: 64.00 | Change: 0.00 (0.00%) |  | ||||||
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Electronic Data Processing FY pretax profit 700,000 stg, sales rise 5 pct
Fri, 14th Dec 2007 08:20
LONDON (Thomson Financial) - Electronic Data Processing PLC posted a full-year pretax profit o
The 2006 pre-tax profit figure excludes a 420,000 stg profit on the disposal of the company's East Grinstead property last year.
For the year ended Sept 30, the company's turnover rose 5 pct to 6.6 mln stg versus last year.
The company also recommended a final dividend of 2.0 pence per share, taking the total dividend for the year to 2.713 pence, an increase of 3.8 pct.
The company said the current year started well and although it has continued to face significant competition in its marketplace, it is well positioned to take advantage of new business opportunities.
'The market sector that the group addresses remains very competitive. However, we are seeing increased demand for our software products and hosting services which, in turn, will translate into increased professional services revenues,' chairman Michael Heller said in a statement.
TFN.newsdesk@thomson.com
npr/kf1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
LONDON (Thomson Financial) - Electronic Data Processing PLC posted a full-year pretax profit o
f 700,000 stg versus 446,000 stg last year as sales rose 5 pct.
The 2006 pre-tax profit figure excludes a 420,000 stg profit on the disposal of the company's East Grinstead property last year.
For the year ended Sept 30, the company's turnover rose 5 pct to 6.6 mln stg versus last year.
The company also recommended a final dividend of 2.0 pence per share, taking the total dividend for the year to 2.713 pence, an increase of 3.8 pct.
The company said the current year started well and although it has continued to face significant competition in its marketplace, it is well positioned to take advantage of new business opportunities.
'The market sector that the group addresses remains very competitive. However, we are seeing increased demand for our software products and hosting services which, in turn, will translate into increased professional services revenues,' chairman Michael Heller said in a statement.
TFN.newsdesk@thomson.com
npr/kf1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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BRIEF-Electronic Data Processing appoints James Story as FD
LONDON, Oct 7 (Reuters) - Electronic Data Processing PLC: * James Storey, ACA, appointed Finance Director with effect from 6 October 2010[7 Oct '10]
Electronic Data Processing says buyout talks end
Dec 3 (Reuters) - Electronic Data Processing Plc said on Wednesday its management ended talks for a possible offer for the provider of computer-[3 Dec '08]
Electronic Data Processing sells Warrington office for 1.6 mln pounds
LONDON (Thomson Financial) - Electronic Data Processing PLC. said it has exchanged contracts to dispose of its freehold office in Warrington to[11 Aug '08]
Electronic Data Processing says in talks on possible offer from management
LONDON (Thomson Financial) - Electronic Data Processing Plc. confirmed in response to recent press speculation it is in early-stage talks regard[7 Jul '08]
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LONDON (Thomson Financial) - Rheochem edged up 3/4 of a penny to 13 pence as traders in the oil and gas business warmed to Thursday's news that[30 May '08]
Electronic Data Processing H1 pretax profit rises; confident about rest of year
LONDON (Thomson Financial) - Electronic Data Processing Plc. posted higher first-half pretax profit and revenue, and said it looks forward to th[30 May '08]
EDP says agrees to sell former head office in Sheffield for 1.35 mln stg
LONDON (Thomson Financial) - Electronic Data Processing PLC said it has agreed to dispose of its freehold former head office in Sheffield for 1.[15 Feb '08]
Electronic Data Processing FY pretax profit 700,000 stg, sales rise 5 pct
LONDON (Thomson Financial) - Electronic Data Processing PLC posted a full-year pretax profit of 700,000 stg versus 446,000 stg last year as sale[14 Dec '07]
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