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TechMark movers: BATM rises on results

Tue, 04th Aug 2009 14:13
Telecoms network BATM Advanced is the biggest riser after shrugging off the downturn to post a 34.3% rise in interim profits as turnover hit a record.Pre-tax profits for the period totalled $13.7m, compared with $10.2m over the same period the previous year, as revenue climbed to $69m from $65.8m.'Despite challenging global market conditions that have continued to affect our industry, we have succeeded in growing our revenues for a 6th successive year, with outstanding cash generation,' said chief executive Zvi Marom.School's IT supplier RM is down despite saying that it anticipates revenue growth in FY-2009 as a result of the delivery of BSF contracts, the inclusion of Computrac and growth in our general education resources business. 'Trading in the first three quarters was supportive of expectations for the year as a whole. Activity since then has continued in line with management's plan and consequently our expectations for the year as a whole remain unchanged,' it said.FTSE TechMARK - RisersBATM Advanced (BVC) 41.25p +8.55%Phytopharm (PYM) 5.00p +3.52%Optos (OPTS) 78.75p +2.94%Sinclair Pharma (SPH) 27.00p +2.86%Genetix Group (GTX) 60.00p +2.56%Filtronic (FTC) 32.50p +2.36%KCOM Group (KCOM) 27.50p +1.85%Kofax (KFX) 152.00p +1.84%ProStrakan (PSK) 111.50p +1.36%Visonic (VSC) 49.00p +1.03%FTSE TechMARK - FallersOxford Biomedica (OXB) 10.50p -4.55%Alphameric (ALM) 26.75p -4.46%Redstone (RED) 8.12p -4.41%RM Group (RM.) 163.00p -4.12%Emblaze (BLZ) 31.25p -3.85%Sepura (SEPU) 50.75p -3.33%Morse (MOR) 30.50p -2.40%Triad Group (TRD) 47.50p -2.06%E2V Technologies (E2V) 52.00p -1.89%Trafficmaster (TFC) 27.50p -1.79% Batm Advanced Rm

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