13th Feb 2020 14:36
(Alliance News) - Software firm Oxford Metrics PLC on Thursday said it is trading in line with market expectations.
Ahead of the company's annual general meeting, Chair Roger Parry said the company has made "a good start" to the financial year ending September.
Parry added: "In line with previous years, the group continues to be second half weighted in terms of revenue and remains encouraged by the strong pipelines building across the business. The board remains confident of the group's prospects for the year."
The Oxford-based firm recorded a 1.9% pretax profit rise to GBP4.7 million in its prior financial year, on revenue which rose 12% to GBP35.3 million.
Its stock was 1.7% lower at 119.50 pence each in London on Thursday afternoon.
By Eric Cunha; [email protected]
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