DICOM Group plc: First Quarter Results 2006/2007 - Three Months to 30 September 2006.Pipeline Significantly Ahead of Last Year, Continued Investment in New Products BASINGSTOKE, England -- DICOM (medical, standard) DICOM - (From Digital Imaging and COmmunications in Medicine) A standard developed by ACR-NEMA (American College of Radiology - National Electrical Manufacturer's Association) for communications between medical imaging devices. Group plc ("DICOM Group") (LSE LSE - Language Sensitive Editor :DCM DCM abbr. Distinguished Conduct Medal ), a global leader of Information Capture and Communications (ICC ICC See: International Chamber of Commerce ) solutions, today announced financial results for its first quarter ended 30 September 2006. As in the same period last year DICOM Group experienced the usual seasonal weakness in the first quarter. The sales pipeline, however, is strong and significantly ahead of last year. Financial Highlights of the First Quarter Results (prepared under IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System ) * Revenue down 1% to u33.3m (2005: u33.6m), up 1% in local currency terms * Adjusted operating profits down to u0.6m (2005: u1.2m) * Adjusted pre tax profits down to u0.9m (2005: u1.3m) * Pre tax profits up to u0.2m (2005: loss of u0.6m) * Adjusted earnings per share reported at 0.7p (2005: 1.2p) * Further details with regards to the calculation of adjusted earnings and adjusted profits are set out in note 2 to the financial results. The comparable period of the prior year also includes the results of discontinued operations. Operating Highlights * Sale of DICOM Group's new Document Scan Server to Boy Scouts of America Noun 1. Boy Scouts of America - a corporation that operates through a national council that charters local councils all over the United States; the purpose is character building and citizenship training (BSA 1. BSA - Business Software Alliance. 2. BSA - Bidouilleurs Sans Argent. ) to help streamline its application forms processing * DICOM Group joins Strategic Alliance Programme of Ricoh, integration of Ascent Capture into Ricoh MFPs * Document Scan Server recognised as trend-setting product of 2006 by industry magazine, KMWorld * Other significant Q1 contract wins include: Los Angeles Police Dept., Citrus County Clerk, National Australia Bank The National Australia Bank or NAB (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637 ) is part of the NAB Group. It is the largest bank in Australia by assets, and 28th largest in the world. , Earthtech Remediation, Information Management Corporation, Swedish Medical Center
Swedish Medical Center is a large nonprofit health care provider located in Seattle, Washington. , Compania Mexicana, Deutsche BP and Williams Lee * Introduction of Ascent Xtrata Pro * 10th annual partner conference, Transform 06, held in Prague to familiarise over 300 Certified Solution Providers and partners with DICOM Group's new technologies * Pipeline significantly ahead of the comparable period of last year Commenting, Rob Klatell, Chief Executive Officer of DICOM Group said: "As anticipated at the announcement of our year end results, we experienced the usual seasonal weakness in the first quarter following a very strong close to our last financial year. Even so, we have laid a solid foundation for our continued growth and look forward with confidence to the rest of the current year. We signed contracts with new and existing customers during the quarter, demonstrating the continued widespread adoption of our products and the continuing strength of our market. Looking ahead, we believe that our strong sales pipeline, planned new product introductions and market leading position, combined with the activities of our partners and customers, will enable greater opportunity for top line growth and increasing profitability for the year as a whole." |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion