rude to comment4 Nov 2013 15:23
04 November 2013

4 November 2013
Idox plc
Year End Trading Statement
Idox plc (AIM: IDOX, "the Company") reports that despite a stronger second half to the year the Company is disappointed to have to announce today that it will fall short of its May 2013 EBITDA guidance for the full year by up to 20%.
The Public Sector and Solutions divisions traded in line with expectations with the Public Sector division having a particularly strong end to the year. The Engineering Information Management (EIM) Division's performance, although much improved against H1, again fell short of expectations.
The Company has carried out an internal review to identify areas in need of improvement and is in the process of taking remedial action. The Company anticipates it will appoint a new Chief Financial Officer shortly, and will report with him on the changes made with the final results in December.