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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

  • Revenue up 40% to £22.3 million (2006: £16.0 million).
  • Operating profit before exceptional items up 126% to £631,000 (2006: £279,000).
  • Profit before tax up 103% to £646,000 (2006: £319,000).
  • Cash and cash equivalents of £2,132,000 (2006: £1,498,000).
  • Strong contribution from substantial new contracts

Comparative figures have been adjusted following the publication of results under International Financial Reporting Standards.

Outlook

  •  The board looks forward to 2008 with optimism.
  • 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.