Last checked at 8 Jul 2009 07:00
8th July 2009
Netcall PLC
("Netcall" or the "Company")
Trading Update
Netcall plc (AIM: NET), a leading provider of callback, auto-messaging and contact solutions, today gives an update on trading for the year ended 30 June 2009.
The Board is pleased to report that since the interim results announcement in February, trading in the second half of the Company's financial year has progressed well. As a result, profits before share option charges for the full year are expected to be significantly ahead of market expectations and 2008.
This is due to a growth in revenues year on year and importantly an improvement in margins that resulted from a continued focus on cost management.
We have also improved our cash position. Cash generation in the year was very strong resulting in the Company's cash position as at 30 June 2009 increasing to £4.2 million (FY08: £2.9m), this is after the Company invested £0.4 million in a share buy-back programme during the year.
Henrik Bang, CEO, Netcall, commented, "The Company has made extremely good progress this year. It is particularly encouraging that, given the general economic environment, we have performed beyond original expectations for the year. Along with an improving cash position the company is well placed to forge ahead with its development plans and deliver significant shareholder value in the future."
For further enquiries, please contact:
| Netcall plc | Tel. +44 (0) 1480 495300 |
| Henrik Bang, CEO Michael Jackson, Chairman | |
| Evolution Securities | Tel. +44 (0) 20 7071 4300 |
| Robert Collins / Tim Redfern | |
| ICIS Limited | Tel. +44 (0) 20 7651 8688 |
| Tom Moriarty / Caroline Evans-Jones |
About Netcall
Netcall is a U.K. company listed on the AIM market of the London Stock Exchange. Based near Cambridge, Netcall develops and supplies innovative communication solutions to organisations of all sizes, including many blue-chip companies with global contact centre operations. As the leading specialist in callback, auto-messaging and contact solutions, Netcall helps organisations globally to increase profits and productivity while improving customer satisfaction and
employee morale.
Solutions are deployed either onsite or as hosted managed services using Netcall's Intelligent Communications Platform (ICP). The company has more than a decade's experience owning and running a high-availability service platform co-located with international carriers. Netcall's customer list includes Anglian Water, Birmingham City Council, BT, BUPA, Cable & Wireless, First Direct, Halifax, Interflora, Lloyds TSB, McAfee, npower, Oracle, Prudential, RBS (The Royal Bank of Scotland Group), United Utilities and Vertex.
Please visit www.netcall.com for more information.