Elecosoft Share News (ELCO)

Elecosoft Fundraises To Acquire German Visualisation Software Firm (ALLISS)

LONDON (Alliance News) - Elecosoft PLC on Tuesday said it raised GBP2.3 million via a share placing as it agreed to acquire Active Online GmbH for GBP3.0 million in cash and shares.The said

Elecosoft Hikes Interim Payout On Profit Rise, Finance Boss Resigns

LONDON (Alliance News) - Elecosoft PLC on Wednesday lifted its interim dividend by 40% after posting a slight increase in first half profit.The construction software developer also said to

Elecosoft's jump in profits overshadowed by board changes

(Sharecast News) - Construction software specialist Elecosoft saw its shares dip on Wednesday after news of finance director Simon Morgan's resignation overshadowed the release of strong interim results.

Elecosoft Expects Interim Profit Up 45% From Last Year

LONDON (Alliance News) - Elecosoft PLC said Thursday it expects interim profit to be up 45% year-on-year, reflecting its core business strength and cost management benefits.The construction

Elecosoft meeting expectations as profits build

(Sharecast News) - Construction software firm Elecosoft on Thursday reported that the company saw a substantial increase in profit before tax in a first half of the year that was in line with expectations.

Elecosoft Buys Building Software Firm Shire Systems For GBP6.3 Million

LONDON (Alliance News) - Digital construction solutions provider Elecosoft PLC said on Thursday it has acquired maintenance management software company Shire Systems Ltd from Hampshire-based Ltd a

Elecosoft Profit Up "Significantly" Year-On-Year On Revenue Increase

LONDON (Alliance News) - Elecosoft PLC said Thursday its profit was "significantly higher" year-on-year and "comfortably" in line with management expectations due to the in and

Elecosoft Outlook Confident As Revenue And Profit Up, Lifts Dividend

LONDON (Alliance News) - Elecosoft PLC on Tuesday hiked its full-year dividend, as revenue and profit rose and said it is confident for the year ahead despite Brexit firm a of

Elecosoft anticipating bumper profit for 2016

(ShareCast News) - Elecosoft posted a trading statement for the year to 31 December on Friday, claiming that based on unaudited management accounts, the board expects profit before tax will be significantly ahead of market expectations. The AIM-traded company did add that was before costs associated

Elecosoft's pre-tax to be 'significantly' ahead of expectations after record sales

(ShareCast News) - Shares surged in Elecosoft after the construction software company said that it expects pre-tax profit to be "significantly" ahead of expectations after achieving record sales during 2016 and benefiting from movements in currency exchange rates. For the 2016 calendar year, the com

Elecosoft Says 2016 Profit To "Significantly" Beat Market Expectations

Elecosoft's finance director Graham Spratling to leave after nine years

(ShareCast News) - AIM-listed Elecosoft's finance director is to leave the software company after nine years. Graham Spratling will leave after the company's year-end accounts are completed and Elcosoft has begun looking for his successor. The company said that Spratling had contributed to its tran

Elecosoft acquires Integrated Computing & Office Networking Ltd

(ShareCast News) - Elecosoft has acquired Integrated Computing & Office Networking Ltd (ICON) for a total of £2.4m. Directors expected the deal would be earnings-neutral in the period ended 31 December 2016, and earnings enhancing thereafter. It would be financed by a fixed-term loan of £1.8m, amor

Elecosoft revenue and earnings rise in first half

(ShareCast News) - Construction software specialist Elecosoft announced its unaudited results for the six months to 30 June on Wednesday, with revenue of £8.8m up 10% year-on-year. The AIM-traded firm said 47% of revenue was from recurring maintenance and support revenue, improving marginally from 4

Elecosoft Promotes Hunter To Group Marketing And Business Development