Trading Statement
June 14 2007 - 3:01AM
UK Regulatory
RNS Number:3197Y
CybIT Holdings PLC
14 June 2007
Cybit Holdings PLC
Trading Update and Notification of Results
The Board of Cybit Holdings Plc, ("Cybit") the international Telematics service
provider, today announces a trading update ahead of the announcement of its
preliminary results for the year ended 31 March 2007.
The Company is pleased to report that it has enjoyed better than expected
trading through the final quarter of the financial year. The Company has
benefited from stronger growth in new business wins and a higher level of
contract renewals in both its core business and recently acquired businesses
Bluefinger and Cybit Positioning Solutions (formerly Thales Telematics Plc), the
acquisition of both were completed during the year.
Consequently, the Company expects profits before tax for the year to 31 March
2007 to be ahead of management expectations and will be no less than #600,000.
Cybit will be announcing its results for the year ended 31 March 2007 on Tuesday
3 July 2007.
-ends-
Date: 14 June 2007
For further information please contact:
Cybit Holdings Plc cityPROFILE
Richard Horsman, Chief Executive Simon Courtenay
Kevin Lawrence, Finance Director William Attwell
Tel: 01480-389100 Tel: 020-7448-3244
This information is provided by RNS
The company news service from the London Stock Exchange
END
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