| CATEGORY: SMALL CAPS NEWS SECTOR: SOFTWARE & COMPUTER SERVICES |
Netcall expects FY ahead of market expectations |
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Wed 08 Jul 2009
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LONDON (SHARECAST) - Queuebuster call-back software company Netcall said it expects to report full year results 'significantly ahead of market expectations', following a good second half.
"This is due to a growth in revenues year on year and importantly an improvement in margins that resulted from a continued focus on cost management," the group said in a statement.
The company's cash position at 30 June 2009 rose to £4.2m from £2.9m in 2008.
Commenting on the group's progress, CEO Henrik Bang said, "It is particularly encouraging that, given the general economic environment, we have performed beyond original expectations for the year. Along with an improving cash position the company is well placed to forge ahead with its development plans and deliver significant shareholder value in the future."
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