AGM Statement

RNS Number : 6369H

IDOX PLC

25 February 2010

 



25 February 2010

IDOX plc

AGM statement

IDOX plc (AIM: IDOX, 'IDOX' or the 'Company'), a leading supplier of software and services to the UK public sector, is holding its Annual General Meeting today.

At the AGM, Chairman Martin Brooks will make the following statement:

"Revenue and profitability in the first quarter are ahead of the same period last year as the company delivers on new business and starts unwinding its large contracted order book.  Our new business pipeline remains strong with healthy tender activity and a continuing interest in longer-term managed service contracts.

"Looking to the rest of the financial year, the Board considers it prudent to remain cautious about the outlook at this point given the impending General Election and uncertain economic background."

Enquiries:

IDOX	020 7332 6000
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
William Edmondson, Chief Financial Officer
Investec	020 7597 4000
Andrew Pinder / Erik Anderson
College Hill	020 7457 2020
Adrian Duffield / Carl Franklin

About IDOX plc

IDOX plc is a supplier of software solutions and services principally to the UK public sector and the leading applications provider to local government for core functions relating to land, people and property through its UNI-form, Plantech and IDOX product range. Over 75% of UK local authorities are customers.

The Group gives public-sector organisations the tools to manage information and knowledge, documents and content, business processes and workflow as well as connecting directly with the citizen via the web.

It also supplies decision support content and additional specialist services via the IDOX Information Service and the recently acquired J4B business.

Under the TFPL brand the company is transforming approaches to knowledge and content management via consultancy and training, as well as providing these specialist skills to customers through its recruitment division.

For more information see www.idoxplc.com

 

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