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25 Jul 2012 07:00
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Business update
NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management systems, announces a business update for the six months to 30 June 2012.
The company enjoyed strong trading during the first half both in terms of financial and operational progress. Key contracts and agreements signed during the period have already made a contribution to the Group including Metersbonwe, which is successfully implementing Talent Suite software across its 20,000 employees.
New customers signed during the first six months of the current financial year include Denso Sales UK, Best Buy International trade (Shanghai) Co., Ltd and SCA Asia Pacific.
Revenue, profit before tax and earnings per share are therefore expected to be in line with management's expectations with cash at 30th June 2012 of approximately US$7.7m (1H 2011; US$5.9m).
Trading at the beginning of the second half provides management with confidence that the Group will deliver full year results in-line with market expectations.
The Group expects to publish its half year results for the six months to 30 June 2012 at the beginning of September 2012.
CEO Jay Shaw commented:
"We continue to work hard on sales, marketing, client services and the development of new and improved functionality in our core offerings. The first half came in on target. We are now focused on second half business."
Enquiries:
NetDimensions (Holdings) Limited | Tel: +852 2122 4500 |
Jay Shaw |
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Clarence Wu |
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Panmure Gordon (UK) Limited | Tel: +44 20 7459 3600 |
Nomad & Broker |
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Fred Walsh |
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Charles Leigh-Pemberton |
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Walbrook PR Ltd |
Tel: +44 20 7933 8780 |
Financial Public Relations |
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Paul McManus / Helen Westaway | Media Enquiries |
Paul Cornelius | Investor Enquiries |
About NetDimensions
Established in 1999, NetDimensions (London Stock Exchange, AIM: NETD) is a global provider of performance, knowledge, and learning solutions.
The NetDimensions Talent Suite enables companies, government agencies and other organizations to personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance programs for employees, customers, partners and suppliers.
Recognized as one of the talent management industry's top-rated technology suppliers in overall customer satisfaction, NetDimensions has been chosen by multinational organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Delphi Automotive, Progress Software, and Travelex.
NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.
For more information, visit www.NetDimensions.com.
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