PIC.L Share News (PIC)

One-off costs hit profit growth at set-top box manufacturer Pace in 2010. The BSkyB supplier lifted 2010 revenues by 17% to £1.33bn, with organic revenues growing 10%. Operating profits rose by 32% to £92m, though pre-tax profits rose only slightly to £71m after one-off costs of £19m relating to acquisition costs and the closure of its European free-to-air business. The dividend for the year rises by 45% to 2.175p a share.The board expects 2011 revenue growth of a similar level to that achieved in 2010.Cable & Wireless Communications shares are higher after it bought back 2m shares at 49.816p each. FTSE TechMARK - Risers Vectura Group (VEC) 63.75p +4.51%Corin Group (CRG) 46.75p +3.89%Optos (OPTS) 204.00p +3.03%BT Group (BT.A) 188.80p +2.72%COLT Group SA (COLT) 151.90p +2.57%Cable & Wireless Communications (CWC) 50.95p +2.41%Parity Group (PTY) 24.00p +2.13%Vodafone Group (VOD) 182.25p +1.99%Renovo Group (RNVO) 15.25p +1.67%Kewill (KWL) 96.25p +1.32%FTSE TechMARK - Fallers Pace (PIC) 184.00p -16.55%Dialight (DIA) 753.50p -5.10%Anite (AIE) 63.25p -4.17%Axis-Shield (ASD) 305.00p -3.17%RM (RM.) 150.25p -3.14%Imagination Technologies Group (IMG) 460.50p -2.31%XP Power Ltd. (DI) (XPP) 1,910.00p -2.05%Oxford Biomedica (OXB) 6.00p -1.64%Consort Medical (CSRT) 546.00p -1.44%Promethean World (PRW) 60.25p -1.23%