focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

AGM Statement

28 Feb 2013 07:00

RNS Number : 8456Y
IDOX PLC
28 February 2013
 



28 February 2013

 

IDOX plc

 

AGM statement

 

IDOX plc (AIM: IDOX, 'IDOX' or the 'Company'), a leading independent supplier of software and services to the UK public sector and global engineering information markets, is holding its Annual General Meeting today.

 

At the AGM, Chairman Martin Brooks will make the following statement:

 

"The focus on our two core software divisions continues to deliver better visibility through larger, more diversified and better qualified prospect pipelines.

 

In Public Sector software there has been a steady continuing progression of new business from software vendor consolidations by local authorities, further increasing our market share. This is expected to result in further growth in the first half and an increased order book of contracted services to be delivered in the second half.

 

In Engineering Information Management software, there has been a quieter start in license sales compared to last year, as there are no global contracts currently planned to be signed in the first half. However, the business outlook has improved with a stronger pipeline through the continued investment in our sales team's global reach. Current customer intentions indicate a greater weighting of new license and services business in the second half, compared to 2012.

 

As is usual, and in a further year of global economic uncertainty, the board considers it too early to provide full year guidance."

 

 

 

Enquiries:

 

IDOX plc

+44 (0) 20 7332 6000

Martin Brooks, Chairman

Richard Kellett-Clarke, Chief Executive

William Edmondson, Chief Financial Officer

Investec Investment Banking

+44 (0) 20 7597 5000

Andrew Pinder/Patrick Robb/Dominic Emery

FinnCap

+44 (0) 20 7220 0500

Stuart Andrews/Stephen Norcross

Leander PR

+44 (0) 7795 168 157

Christian Taylor-Wilkinson

 

 

 

 

About IDOX plc

 

Idox plc is a supplier of specialist document management collaboration solutions and services to the UK public sector and increasingly to highly regulated asset intensive industries around the world in the wider corporate sector.

 

Its Public Sector Software Division is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software. Over 90% of UK local authorities are now customers. The Group provides public sector organisations with tools to manage information and knowledge, documents, content, business processes and workflow as well as connecting directly with the citizen via the web.

 

Through the Information Solutions Division Idox also supplies, predominantly to the public sector, decision support content such as grants and planning policy information as well as related specialist services.

 

The Engineering Information Management Division delivers engineering document control, project collaboration and facility management applications to many leading companies in industries such as oil & gas, architecture and construction, mining, utilities, pharmaceuticals and transportation around the world.

 

In addition the Group provides knowledge and content management skills to customers through its TFPL branded recruitment division.

 

The Group employs over 500 staff located in the UK, the USA, Europe, India and Australia.For more information see www.idoxplc.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMUBRRROAAUUUR

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.