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TechMARK movers: Intec slightly lower

Wed, 19th Aug 2009 13:17
Telecoms billing software firm Intec Telecom said it remains confident of the outlook for the full year.The group also announced today "a multi-million US dollar contract" with a new customer in North America for the deployment of its portfolio of products, including Intec Convergent Billing and Intec Total Service Mediation. Computer services group Dimension Data said continued solid performance in the third quarter gives it confidence of delivering a 'good' financial performance for the second half of the year. 'The performance of our services business should ensure that gross margins are maintained at similar levels to those reported at the interim stage and this, combined with an emphasis on cost management, means that the Group should deliver operating profit expansion in constant currency for the 2009 financial year,' said the group. Operating margin and operating profit improved in the third quarter but revenues declined by approximately 12%. Adjusting for the impact of exchange rate movements, constant currency revenues declined on the prior period by approximately 4%.FTSE TechMARK - FallersVisonic (VSC) 61.50p -6.82%RM Group (RM.) 154.00p -4.94%Biocompatibles International (BII) 170.00p -2.86%AEA Technology (AAT) 28.50p -2.56%Vislink (VLK) 30.25p -2.42%Innovation Group (TIG) 10.75p -2.27%Oxford Biomedica (OXB) 11.50p -2.13%Antisoma (ASM) 26.50p -1.85%KCOM Group (KCOM) 27.75p -1.77%Intec Telecom (ITL) 87.00p -1.42%FTSE TechMARK - RisersRenovo Group (RNVO) 33.00p +5.60%Psion (PON) 83.00p +4.08%Morse (MOR) 32.00p +4.07%Trafficmaster (TFC) 30.00p +3.45%Filtronic (FTC) 35.00p +2.94%ProStrakan (PSK) 122.50p +2.73%Emblaze (BLZ) 36.50p +2.10%Phoenix IT Group (PNX) 221.00p +2.08%Vernalis (VER) 93.00p +1.92%Axis-Shield (ASD) 334.50p +1.67%

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