DICOM Group plc Preliminary Results - Year to 30 June 2005; Record Adjusted Pre-tax Profits, Optimistic Outlook.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"), the global leader in the Information Capture ("IC") market, announces strong results for the year to 30 June 2005. Financial Highlights of the Preliminary Results Group results --Turnover up 15% to GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 179.8m (Year to 30 June 2004: GBP 156.2m) --Gross profit margins up from 40.3% to 43.1% --Operating profits before goodwill amortisation Noun 1. amortisation - the reduction of the value of an asset by prorating its cost over a period of years amortization reduction, step-down, diminution, decrease - the act of decreasing or reducing something 2. up 14% to GBP 14.7m (GBP 12.9m) --Operating profits in local currency terms and adjusted for acquisitions up 7% --Profits before tax, goodwill amortisation and exceptional item, up 15% to GBP 15.2m (GBP 13.3m) --Adjusted earnings per share up 13% to 50.8p (45.0p) --Operating activities generated positive cash flow of GBP 18.7m (GBP 18.6m) --Proposed final dividend of 4.26p, making total dividend for the year of 6.39p - an increase of 15% (2004 total dividend: 5.55p) --Net funds of GBP 16.2m (GBP 20.9m at 30 June 2004), after spending GBP 20.5m on acquisitions Results of IC Division, representing 91% of Group operating profits Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. --Turnover up 18% to GBP 140.7m (GBP 119.5m), organic growth of 10% in local currency terms --IC own products and services account for 61% (57%) of IC sales, up 11% and 21% respectively in local currency terms and adjusted for acquisitions --Gross profit margins increased to 51.5% (48.3%) --Operating profits up 13% to GBP 13.4m (GBP 11.8m); margins recorded at 9.5% compared to 9.9% --Operating profits in local currency terms and adjusted for acquisitions up 6% Operating Highlights --Two substantial Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. contract wins signed in the final quarter --Global market leading position in turnover, licenses and installations (81,000+ Ascent software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. shipped, 70,000+ installations for VRS (Video Relay Service) A communications service for the hearing or speech impaired. A VRS is the video counterpart of a TTY relay service, in which the user types on a terminal, and the relay operator speaks the messages to the recipient (see TDD/TTY). ) --Signed multinational Invoice Capture Deal with The Carrefour Group (largest-ever geographic deployment in more than 20 countries) --DICOM named Overall Global Market Share Leader for Document Capture Software by Harvey Spencer Associates --4 for 1 share split proposed to improve liquidity, subject to shareholder approval --Delisting from Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. Commenting, Arnold von Buren, Chief Executive Officer of DICOM Group said: "We are pleased to say we have again continued to grow and our core own product lines and services did well. One of the highlights of last year was the completion of two strategic acquisitions, which broaden our product portfolio. As a result of these acquisitions a new market opportunity has emerged focused specifically on Business Process Automation. "Existing product lines have been updated and significant features and functionality have been added. A successful launch of INDICIUS 5.0 integrates technologies from Neurascript and Mohomine, and within a few months INDICIUS 5.0 was responsible for significant project wins for DICOM Group." Regarding Prospects, Otto Otto, Austrian archduke Otto: see Hapsburg, Otto von. Schmid, Chairman of DICOM Group said: "DICOM Group is well positioned as the global industry leader in the Information Capture market. The balance sheet is strong and the Group continues to be highly cash generative gen·er·a·tive adj. 1. Having the ability to originate, produce, or procreate. 2. Of or relating to the production of offspring. generative pertaining to reproduction. . "Our continuing investment in technology, our well-known and industry leading products, our customer base and our channel relationships are key to the further enhancement of our market leading position in Information Capture. Good growth prospects enable us to view the Group's outlook with optimism." |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion