Trading Update

RNS Number : 3049X

Dillistone Group PLC

07 February 2013

 



7 February 2013

Dillistone Group Plc

("Dillistone" or the "Group")

Trading Update

The Board of Dillistone, the AIM quoted supplier of software for the international recruitment industry through its subsidiary companies Dillistone Systems and Voyager Software, is pleased to announce that for the year ended 31 December 2012 it expects pre-tax profits (prior to exceptional items) to be comfortably in line with market expectations.

Although the market remains patchy, both Dillistone Systems and Voyager Software have enjoyed a strong start to 2013.  The launch of the new "Infinity" platform by Voyager in September 2012 has been well received, with orders taken from new and existing clients in both the UK and Australia, whilst Dillistone Systems has begun the year with a level of new client orders which is well up on the equivalent period in 2012.

Dillistone expects to release its preliminary results for the year to 31 December 2012 during the week commencing 22 April 2013.

Commenting, Mike Love, Chairman of Dillistone, said:

"We are very pleased with the achievements of 2012, particularly given the broader economic influences.  We are confident that our ongoing investment in product development will continue to give both divisions a competitive advantage.

"The Group increased its 2012 interim dividend and intends to continue to follow a progressive dividend policy."

Enquiries:

Dillistone Group Plc
Mike Love	Chairman		020 7749 6100
Jason Starr	Chief Executive		020 7749 6100
Julie Pomeroy	Finance Director		020 7749 6100
WH Ireland Limited (Nominated adviser)
Chris Fielding	Head of Corporate Finance		020 7220 1650
Winningtons
Tom Cooper / Paul Vann			020 3176 4722
			0797 122 1972

Notes to Editors:

Dillistone Group Plc (www.dillistonegroup.com) is a leader in the supply and support of recruitment software. It has two main trading businesses: Dillistone Systems, which targets the executive search industry (www.dillistone.com) and Voyager Software which targets other recruitment markets (www.voyage.co.uk). Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.

 

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