Anite Group PLC
23 May 2006
For immediate release Tuesday, 23 May 2006
Anite Group plc
Year End Trading Update
Anite Group plc ('Anite' or 'the Group'), the worldwide IT solutions and
services company, today announces a trading update for its financial year ended
30 April 2006.
Anite's adjusted results* are expected to be in line with consensus market
expectations and year end net cash stood at £36m (2005: £37m).
There have been no significant changes with regards to Pericles and The State of
Victoria ('SoV') contract since the announcement made on 7 April 2006 with the
SoV negotiations still ongoing. We will provide further updates at the Group's
preliminary results.
*ongoing businesses stated under IFRS (before goodwill impairment, disposed and
discontinued operations, utilisation of contract provisions and employee share
costs).
- Ends -
Anite Group plc www.anite.com
Steve Rowley, Chief Executive 01753 804000
Christopher Humphrey, Group Finance Director
Smithfield 020 7360 4900
Sara Musgrave
Print resolution images are available for the media to view and download from
www.vismedia.co.uk
Notes to editors
Anite is an international IT company whose primary business is the provision of
business critical solutions based on its deep sector knowledge of the public
sector, travel and telecoms markets. These solutions almost always include at
their core the supply of Anite-owned software products. The Group offers a
comprehensive service to its customers, including implementation, systems
integration, and maintenance and managed services, enabling it to maximise
customer satisfaction and financial returns.
Headquartered in the UK, the Group, following recent disposals, now employs
around 1400 staff in 10 countries across Europe, America, and Asia Pacific.
Anite solutions are recognised as market leaders in their fields:
• the top 10 global mobile phone handset manufacturers all use Anite
testing technology
• 3 out of 4 UK Local Authorities use Anite applications
• around 40% of UK package holiday bookings were made using Anite systems
last year.
Telecoms
Anite provides specialist systems and software for mobile phone network
simulation and handset testing to customers around the globe. We supply all of
the world's leading tier one mobile phone manufacturers, and many operators,
component manufacturers and test houses.
Public Sector
Anite is a market leader in providing software and services that enable local
authorities to operate more efficiently - as well as an important supplier of
secure information systems into the central government and criminal justice
markets.
Travel
Anite is one of the leading reservation systems and e-commerce providers to UK
tour operators and to cruise, ferry and rail operators worldwide, providing
critical software systems and managed services.
International
International brings together Anite's German consultancy businesses, focusing on
IT consultancy and systems integration in a range of vertical markets including
finance, telecoms and public sector.
This information is provided by RNS
The company news service from the London Stock Exchange
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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