4th Feb 2016 09:20
LONDON (Alliance News) - Dillistone Group PLC on Thursday said it expects to report a pretax profit for 2015 before acquisition costs in line with market expectations, on a revenue increase of nearly 10%.
According to a broker forecast provided by Morningstar, WH Ireland expects Dillistone to report a pretax profit of GBP1.4 million, up from GBP1.2 million a year before.
Dillistone provides software for the recruitment industry
The company said it has seen a promising start to the year, with new business order levels in January increased from those it had seen in the previous two years. It also cited a "strong prospect pipeline".
"As a result, the board is optimistic about making further progress in 2016. However it is also mindful of wider economic influences and their potential to impact on the performance of the business. The group remains profitable and cash generative and continues to follow a progressive dividend policy, subject to the needs of the business," Dillistone said in a statement.
Shares in Dillistone were untraded Thursday morning. They last closed at 75.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Dillistone