Xpertise Group PLC News
Preliminary Results for the year ended 31 December 2007
28 February 2008
Preliminary Results for the year ended 31 December 2007Highlights
Results
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Revenue up 40% to £22.3 million (2006: £16.0 million).
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Operating profit before exceptional items up 126% to £631,000 (2006: £279,000).
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Profit before tax up 103% to £646,000 (2006: £319,000).
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Cash and cash equivalents of £2,132,000 (2006: £1,498,000).
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Strong contribution from substantial new contracts
Comparative figures have been adjusted following the publication of results under International Financial Reporting Standards.
Outlook
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The board looks forward to 2008 with optimism.
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The board will continue to explore corporate opportunities to enhance shareholder value.
For further information:
Xpertise Group PLC
Richard Last (Chairman)
Ian Johnson (Managing Director)
01608 683108
0113 382 6150
Daniel Stewart & Company PLC
Simon Leathers 020 7776 6550
Simon Starr
Cubitt Consulting
Brian Coleman-Smith
James Verstringhe
020 7367 5100
Background Note
Xpertise is one of the UK’s leading providers of managed training services, authorised IT, professional and soft skills training. Its aim is to help companies nationwide to exploit technology to become more efficient, more productive and more competitive.
Xpertise has a nationwide network of training centres located in London, Thames Valley, Leeds,
Manchester, East Midlands and Tyne & Wear.
