eg Solutions PLC Regulatory News (EGS)

eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the back office optimisation software company, is pleased to issue a period-end trading update for the six months ended 31 July 2011. 

The Company has continued the trading momentum of last year with revenues for the period up 10 per cent. on the prior year, in line with management expectations.

Profit has increased substantially on the same period last year reflecting the growth of the business and improved margins. Strong cashflow has also been maintained during the period which is reflected in a net cash position at 31 July 2011 of £0.92 million, up from £0.77 million at 31 July 2010.

Overall, based on current contracts and bids in progress, the Board expects that the Company will meet market expectations for the full year.

Date of interim results announcement

The interim results for the six months ended 31 July 2011 will be announced on Wednesday, 21 September 2011.

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About eg solutions plc

eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.

The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.